Over the last two weeks, we have been exploring the challenges that COVID19 continues to deliver to risk managers, particularly with respect to scenario analysis construction. We would be glad for feedback from this community on whether the content is helpful.
We have looked at the Twin Data Deficits created by emergency regulatory policies that change key policy definitions and delay regulatory reporting...and we discussed Why Data Deficits Matter.
Spoiler alert: data deficits matter because m
I hope you're safe and healthy during these crisis times.
We in GlobalRisk Community just compiled the best resources, posts and tools shared by our members on how to mitigate Risk for your business during a Pandemic.
We analyzed dozens of best practices, policies and procedures of both leading financial institutions and corporates and created this Resource Kit.
When you download, you will learn:
The COVID19 Report
delivered daily | complimentary first month free | powered by patented technology www.policyscope.io
Summary: Fiscal policy gridlock in the United States (over the Paycheck Protection Program) and the European Union (over joint bond issuance) placed central banks at center stage again at the start of the holiday weekend. Overnight moves visible on our PolicyScope platform were mostly minor, trend-consistent actions associated with regulatory relief and delay that deliver steal
Categorising beyond Type 1 and Type 2 decisions that I wrote about in my last couple of blogs can help decision makers. And right now, decision makers across the world can do with all the help they can get given the recently declared pandemic.
The four Cs are Core, Complicated, Complex and Chaotic. The person behind this type of thinking is David Snowden and his Cynefin Framework shown below. The only difference is the category I call Core, he calls Obvious. As in decisions for which the answer s
If Dr Timothy Uyeki and Dr Nancy Cox from the Center for Disease Control have it right, the human world is sitting on the edge of biological catastrophe.
H5N1 (your "common" bird flu) is comparatively harmless when compared against H7N9, the new strain of avian flu and numerically speaking; the number of cases of H5N1 over half a decade in China, is less than the number of reported and current infections of H7N9 in China over the last sixty days.
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