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In Europe, most banks have already implemented Basel II. The next step is complying with Basel III, which has significant add-ons compared to its predecessors – including much higher capital and liquidity requirements – specifically shining a torch on the so called global systemically important financial institutions (GSiFis). In the US, the Basel III compliance process is further complicated by the concurrent implementation of the Dodd-Frank financial-overhaul legislation.
Regulations these day
Risk Management is all about managing the uncertainty around achievement of objectives. So all risk assessments should start with the objectives of the organisation, business unit, program, project, process or system that is the subject of the risk assessment. Strategic Risk Management is the management of uncertainty around the strategic objectives of the organisation. Doing this well requires skill, experience and commitment of the most senior people in the organisation.
When I recently read “R
The blog address is:
macro-economic-design.blogspot.com
There, and on links there, you can learn what is going on in this cutting edge approach to risk elimination and the management of residual risk in Housing Finance, Sovereign Debt, Final Salary or Defined benefit schemes, reduction of Beta value without losing vital performance, and more.
Also some background on how I managed to out-predict and out-perform institutional investors for two decades in the UK, always out-performing their managed
Communicating corporate objectives and the strategic plan is a key consideration in the governance of an organization. Promoting effective communication throughout the organization is essential as it establishes a “Tone from the Top” that is consistent with good governance.
Communicating corporate objectives is easily facilitated through enterprise risk management processes. Most companies have a succinct statement of corporate strategy that includes a statement of objectives. Objectives emanate
Special risk management Financiele dagblad OUtlook,
Goede enquete op website financieel dagblad. Risico verantwoording versus risicomanagement.....
http://messagent.fdmediagroep.nl/optiext/survey.dll?ID=QmWSHelxAPUVXRTb6NQRyK0WsRO5QCsEo_OB6c
The music business has been and is undergoing crazy changes that is shaking up all the major and small players in the industry. The problem is not the evolution of a different way of manipulating and consuming media but the failure of the player to foresee and yield to these changes.
In studying entrepreneurship last semester, I came across the concept of "creative destruction" which for example had eliminated the elevator man and made extinct the typewriter. On the other hand, the same concept
Why the London riots created a greater business travel threat than a terrorist attack
Introduction to the London riots business travel threat
If you have business travel to London, you need to read this article. In this article you will discover why the London riots created a greater business travel threat than a terrorist attack. We will examine the threat posed by the London riots and demonstrations, terrorist attacks and resulting travel delays, disruptions and changes. At the end of this arti
Browse through this extensive list of free Finance magazines, white papers, downloads and podcasts to find the titles that best ma
Recently, Gartner released its 2011 Magic Quadrant for enterprise governance, risk, and compliance (eGRC) software. While the report highlights the top vendors of eGRC, which includes LogicManager, it also identifies some revealing trends within the eGRC marketplace based on reliable consumer feedback. The most notable trend recognized is the shift towards enterprise risk management (ERM) software by eGRC programs. As Gartner states,
"ERM has emerged as the most significant use of EGRC platfor
There are six things that the risk manager needs to check on:
1. Risks need to be diversified. There is no enterprise risk management if a firm is just taking one big bet.
2. Firm needs to be sure of the quality of the risks that they take. This implies that multiple ways of evaluating risks are needed to maintain quality, or to be aware o
This security report examines Web behavior and the malware to which users are most frequently exposed. Analyzing Web requests from the Blue Coat WebPulse service, which weekly rates nearly three billion requests in real-time, this report provides an overview of the changing ways in which people are using the Internet and the new methods cybercrime is using to target their attacks.
The 2011 Web-based threat landscape continues to become more sophisticated, utilizing a combination of techniques
Maintain visibility and control, regardless of device or OS. The consumerisation of enterprise information technology is one of the most significant security concerns today. Gartner's Analyst Ken Delaney explains the impact of consumerisation on enterprise IT.
Gartner claims consumerisation of IT is the #1 technology trend today. The invasion of smartphones, tablets, consumer apps, and social media can’t be stopped or ignored. So use this technology—it’s to your advantage. "This is very much lik
For better or worse, most companies have purchased financial software from large-scale enterprise resource planning (ERP) platform suppliers over the last decade. But as companies search for ways to lower costs and respond to a difficult business
http://bit.ly/ITCloudGovernance
Ensure that the success of your business depends on its operations and not unpredictable economic factors and volatile currency rates.
Never before have global companies been so exposed to currency market volatility and the risks associated with it. Left unmitigated, market volatility can increase costs and compromise profits. But with an effective risk management strategy, market volatility can be harnessed to create opportunity and a key competitive advantage for your business.
The Risk Mana
http://bit.ly/BloombergGovernment - copy and paste this URL into your browser or click on the link below.
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Risk management is an area present and of concern to every industry. I am interested in developing a course on Contract Risk Management, for which i seek your help. If anyone has any material, guidelines, outlines etc., please share.
The other option is to start piling up the ideas and sure something concrete will form with all your efforts.
Cheers