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Social Media Governance

BREAKING NEWS: Reed Hastings, the CEO of Netflix an active Facebook user commonly posts about the success of Netflix, often thanking users of the service for their loyal support, which sounds like the first line from a book on how to correctly promote a product using social media. But Hastings may have become a little too comfortable sharing certain aspects of the company’s information. In July of this year, he posted to his 240,000+ Facebook subscribers that “Netflix monthly viewing exceeded 1

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The business community spends a lot of time worrying over the hidden costs of compliance and risk management programs--but what about the hidden returns?

Business Executives are looking to find ways to gain far more value beyond risk mitigation or regulatory conformance from the monitoring and policy enforcement technology and procedures they put in place to support compliance program. They just need to know where to look. According to governance, risk and compliance experts, there are a multitud

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Risk Taxonomies

A recent poll on whether enterprise risk frameworks should employ a risk taxonomy or not, seems to have turned out an encouraging result. Over 93% of risk practitioners voting gave a thumbs up for risk categorisation, with only a handful of souls repelling the concept.

In this posting we look at four steps to bring a risk taxonomy into operation and a Dendrogram Cluster Report model is demonstrated that shows how risk can be prioritize within a taxonomy.

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Is your Business Model Sinking?

Employee Benefit and Insurance Brokers, Carriers, and Commissions were a perfect fit for many years! Last week we looked at an Overview of the “Future for Brokers under PPACA/Obamacare. As promised, this week, we will look at the first component of re-tooling that future: “SHIFTING INCOME GENERATION TOOLS.”

The keys for Broker survival and implementing a Fee Based Model is the ability to provde Employers a deliverable set of Strategies and Solutions for the challeng

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Two schools of thought for measuring op risk

I have been reading a lot of posts on many different risk forums of late and it appears that the Frequency x Magnitude argument for measuring operational risk, is a stubborn pandemic and a failing that is going to be nearly impossible to move on from.

How do we really measure operational risk?

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MiFID II is coming – are you prepared?

After EMIR, Basel III and Dodd Frank, MiFID II is now on the horizon. Are you keeping up with the latest regulatory developments in the market?

Alarmed by the impact of the latest financial crisis, regulators globally have released a set of new regulations. While most financial institutions are already working diligently on the implementation of EMIR, Basel III and Dodd Frank, the change in the EU Council presidency to Ireland and the current consultations around MiFID II give further incentives

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What is scenario analysis to op risk people?

Over the last few days, several people have discussed various scenario analysis techniques with me and going on general opinion, this risk assessment technique is very popular among operational risk analysts. Definitely no doubt there, but what scenario analysis means to one analyst, can often be something entirely different to another.

What does scenario analysis really mean to operational risk analysts?

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Looking back over my most popular blogs, there was a lot of interest in 5 Steps for Better Risk Assessments and How to Consolidate Compliance Risk Assessments. Due to this interest I have created a complimentary 30 minute webinar on streamlining enterprise risk assessments complete with detailed "how to" examples and visuals that are not possible in a blog format.

Click here to watch this On Demand Webinar or read the full invitation below:

On-Demand Complimentary Webinar Invitation:

Organizations

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Book your seat by 15th February 2013, and you will enjoy 10% OFF your Conference Registration plus the LOWEST ACCOMMODATION RATES at the Conference venue, Gran Hotel Princesa Sofia, situated right across from F.C. Barcelona´s mythical Camp Nou stadium.

Come to network with the Best experts from CHEVRON, GDF SUEZ, PEMEX, QATARGAS, ENBRIDGE, as well as with well-known author and Business Continuity guru Geary W. Sikich, and seasoned Crisis Management expert Lawrence E. Salvoni.

We are proud to also

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In their book, Surviving And Thriving In Uncertainty: Creating The Risk Intelligent Enterprise, Funston and Wagner shed to light how a conventional approach to risk management has failed many businesses. In the book, the authors exhibit a situation where businesses have failed to identify the differences between conventional wisdom and unconventional realities when it comes to managing business risks. They go on further to argue that, a traditional approach to risk management is misguided as it

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The ten success stories of Basel II are not unique in anyway and there are plenty of other aspects to the Basel II initiative that supported an improved risk function in banks. None the less, these ten risk framework efforts seem to keep appearing as common "this is an excellent element to our risk framework and has evolved our risk management practice in the bank".

Click here to see the top 10 successes and failures

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Governance, Risk & Compliance software

Loxton Consultancy represents a number of companies, one of which is Clarity GRC.

Clarity GRC is a set of software tools that enable companies to comply with statutory, industry and established ‘good practice’ for risk management and stakeholder protection. Examples for such requirements are standards and regulations like ISO 27001 Information Security Management, BS 25999 Business Continuity Management, PCI DSS, ISO 38500 Governance of IT, CobiT IT Governance, Data Protection Act, HM Government’

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Treasury's consultation paper on governance standards for charities to come into effect 1 July 2013 under the new Australian Charities and Not-for-profits Commission (ACNC) has the right approach and should provide all of us with increased confidence that our donations and tax dollars are in good hands.

The paper draws on existing legislative principles for corporations to strengthen the accountability of management of charities and not-for profits and puts them in line with other business sector
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New Links

Quick links:
* For recent free research reports, case studies and whitepapers, click here: Latest free research

Take Complimentary Trade magazine subscriptions and technical document downloads: http://globalriskcommunity.tradepub.com/

Is your business need a Business Continuity Plan, but have never had the resources or expertise to create one? We in the GlobalRisk Community analyzed dozens of best practices, policies and procedures of both leading financial institutuions and corporates and we c

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Mistakes+2.jpg

The road for Brokers/Agents in 2013 and Beyond is filled with disruptive changes, dead-ends, and potential rewards along the way.  As we have introduced Brokers/Agents to our 5 Strategies and Solutions for Success for assisting Employers, Employees, and Individuals in dealing with PPACA / Obamacare, the interest has been overwhelming! The responses have been interesting and thought provoking. For this discussion, I will First point out the areas of most confusion.  Second - I will further explai

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This content has been reposted from the Numerix Blog, http://blog.numerix.com,
for sharing within the Global Risk Community.

To view the original post, visit:
http://blog.numerix.com/public/2013/01/john-hull-on-the-fva-debate-and-liquidity-risk-numerix-video-blog.html

 

Renowned academic and researcher in the fields of derivatives and risk management, John C. Hull, joins host Jim Jockle, to discuss the recent OTC derivatives industry debate around funding value adjustment, FVA, and the rising cha

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RISK%20ANALYSIS%20OF%20SHOPPERS%20STOP%20PRESENTATION.pptx

This is the more detailed version of Shopper Stop Risk Analysis of the previous one. I have included other more important points to the previous analysis.

Hope you will like it. I will be more than happy to get your response on the same.

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Global Risks 2013

Well the time of year has come around again for the World Economic Forum and its various research publications on Risk Management. This year the whole program is dedicated to the theme of resilience.
 
In this short blog posting, we'll take a look at the WEF report on Global risks 2013 and which country comes out best as a leader in risk management.
 
Before reading on however, can you guess who is going to be at the top of the league table?
 
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