Dear  GlobalRisk Community member,

Many of you recently inquired about tips and suggestions for assisting you in preparing for job interviews. According to a recent report, hiring managers spend 80% of their time evaluating compatibility and only 20% on skill sets during the formal interview process. Understanding how to make an impact during the in-person interview is critical to improving your interview-to-offer ratio. We are happy to share a full webinar recording from Ivy Exec to help you

New proposed rules for Asset Backed Securities have been released by the US regulatory agencies for comment. These rules are aimed at addressing the way in which banks securitize their loan portfolios and are a response to one of the main causes for the credit crisis in 2008.

What lies ahead for banks and investors?

Read more at this link

The International Organisation for Standardization has recently published a new ISO standard that targets rating agencies specifically. It announced this release on the 30th of March 2011 and is classifying the Credit Rating Agency Standard as a unique set of requirements labelled ISO 10674. In this article we are briefly going to look at what this standard aims to achieve, why it has come into existence and how it will be game changing for the credit rating agencies.

More can be found by followi

The nuclear crisis still unfolding at Fukushima Daiichi continues to threaten a meltdown as core temperatures and radiation leaks continue to fluctuate.  The disaster is one of the worst nuclear disasters in history.  However the vulnerabilities at the power station are not isolated to Japan or utility companies; they are common risk management shortcomings in operational practices seen in every country and every industry.  Here are a few lessons for managers from this crisis.

1. Link controls to

Security Specialists Wanted - I have a number of excellent opportunities for Security Specialists on a permanent basis in Edinburgh.

·       Risk & Security Managers
·       Platform Security
·       Security Analysts
·       Security Monitoring

If you are available and looking for work please forward your CV and contact details ASAP for consideration to sw@rtc.co.uk 

Scott Wiseman
Head of Information Security Division
Real-Time Consultants Plc
25 Trenchard Street, Bristol BS1 5AN
Tel: 0117 917 150

Usually deception and fraud are assumed to be, if not synonymous, at least in a relationship of implying each other. This is a well justified view since deception is misrepresentation, distortion of truth, and hiding the truth while fraud is gaining something one is not entitled of or preventing illegally and/or immorally other persons to make a gain and causing them suffer a loss as a consequence of deception. To put it in brief, deception is the first step (a preparatory stage) and fraud is th

Consumerism seems to be the main characteristic of all developed societies over at least the last four decades. Developing societies are encouraged to proceed towards the same predominance of consumerist values over all other kinds of values. The prevailing assumption is that the more consumerist a country is the more developed it proves to be. Counter all expectations, this tendency does not apply in full scale to the new democracies and new markets in Central and Eastern Europe. Strangely enou

Among the Egyptian society are growing the doubts concerning the correctness of the Higher Council of the Armed Forces’ (HCAF) activity after the 25^th of January revolution. The assessment of the events after Hosni Mubarak’s fall shows that both the stepping down of the former President and the unprecedented transfer of the country rule into the hands of the army has followed a pre-agreed scenario. It can be assumed that several goals have been pursued. The main one is to subdue the rage of the

The situation in Magreb and the strike against the despotic regime of Gaddafi by the Western coalition, sharpen the stand of long ignored and discriminated minorities in wider European context. This specifically refers to one of the most oppressed and numerous – the Roma minority. The present analysis discusses rising trisks, emerging out of economic inequalities, but also deeper cultural discrepancies among Roma people in South Eastern Europe. Demographic, educational, employment, qualification

The referendum (19 March) on the constitutional reforms in Egypt was held in compliance with the state laws. Certain violations at a number of polling stations were reported but they were insignificant and could not affect the final outcome. Nearly 18.5 milli

No company falls out of compliance over-night.  It’s a gradual process resulting from a combination of overlooked issues, that together create a serious problem.  Strangely enough, compliance issues often result from taking an overly compliance-focused approach to risk management; a common problem for Governance, Risk, and Compliance (GRC) programs.

Take for example J&J who, after a series of product recalls in 2009, has once again fallen out of compliance and now faces a permanent FDA injunction

Beware the Fine Print

Introduction

If like most, you base your overall assessment of a country or city based on some-kind of threat rating then you need to read this article before blindly basing all your business decisions upon such tools.

This article will address the development and reporting of security or travel safety threats and how they are communicated. Specifically, the collection of data, affected audience demographics, aggregated indicators, qualifiers and the real threats revealed.

By t

Introduction

If you want to know why the Japan tsunami turned into a far greater disaster than the initial earthquake and learn the 7 main reasons for this calamity, then read on. In this article we will touch on the government, closed cultures, leadership vacuum, system failures and Japanese crisis management, timing and information practices.

By the end of this article you will have the information to act in a much more decisive manner during the next similar crisis or immediately review your cr

Basel III cracks are starting to appear is a blog article PART 2 that reviews the differing opinions of regulators across the planet in respects to their unique implementation approaches for the Basel III capital and liquidity requirements.

Does anyone have such audit protocols and is willing to share them (automated or non automated questionaires)  - I would like to use them for internal auditing in preparation for certification or accreditation.  Should the questionaires not be automated in terms of weightings and or scorings I am willing to automate the spreadsheet and share it.

Sincerely

Beulah

Beulah

Basel III cracks are starting to appear is the first part of a two part series that looks at some of the mis-conceptions being bantered around over Basel III.

In this article we argue that Basel III capital floors can't be compared with the Basel II capital approach because the entire capital and liquidity funding methods for banks is going to operate differently under the new regulation.

Having just joined the GlobalRisk community (having been referred from the Political Risks Group on LinkedIn) I thought that it may be of benefit to post the latest edition of the report that we publish every six months.

Gallagher%20London%20PRI%20Report%20and%20Market%20Update%20January%202011.pdf



Clearly events in MENA since January  have superceded this report (which will be published again in July 2011) but it will give the community some idea of the commercial insurance market appetitite f