We have compiled some interesting reading on Risk Management using Goolge Alerts. The following are some links to online content that you may find interested and enriching to read. Happy Reading
Steps to keep your credit & debit cards away from fraud attacks
Also, with the Reserve Bank of India mandating two-factor authentication, thus adding another layer of safety to prevent online frauds, credit card transactions have certainly become more secure. Now, similar action is likely in the offline setup, too. ...
KPMG – cutting through complexity™
India Anti-Money Laundering Survey 2009 (India) ... Risk, Sustainability of Cost -Reduced Business Model (Global) ...
https://www.in.kpmg.com/SecureData/aci/Asp/TL_archives.asp
Risk Management in Central Banking
In my remarks today, I would like to elaborate on two interrelated issues, namely financial stability and the risk management function in central banking. I plan to structure my talk in two parts. First, I will discuss the role of central banks as ...
Basel III Drives Launch Of Global Liquidity Risk Management Solution
Insurance News Net (press release)
LONDON --(BUSINESS WIRE)-- Polaris Software, a leading global Financial Technology Company , today announced the launch of Intellect Liquidity Risk Management (LRM).LRM is a software suite that enables banks and financial institutions to comply with ...
Appetite For Risk Increases In Investors
New risks are emerging in the banking and insurance industries as they regain their appetite for growth, according to research published today by Economist Intelligence Unit. The report, Too good to fail? New challenges for risk management in financial ...
Moreover, CFOs should not view risk management as a compliance chore. Companies with effective risk management are better equipped to deliver optimized, reliable, and sustained performance over the long term. They are prepared for what might happen ...
Op risk needs greater R&D effort, say US regulators
The long-term future of operational risk management will depend on banks stepping up investment into research and development (R&D), say two senior regulators within the US Federal Reserve. This boom must come in two forms, argue Evan Sekeris, ...
One In Every Four Indian Online Users have been victims of cyber-attack: Microsoft
Additionally Indian online users spend more time worrying about the safety of their social networking accounts rather than the loss of personal data and credit card fraud. While 74 per cent worry about potential hacking of their social networking ...
It must translate the strategy into tactical and operational objectives, assigning responsibility throughout the organization with each manager and employee responsible for the management of risk as part of their job description. ...
ERM supports disaster recovery plans
An enterprise risk management framework provides significant support for municipalities planning disaster recovery, business continuity and resiliency strategies, according to risk managers and industry observers. Linking a city's business continuity ...
India among top 3 nations targeted by phishing
PUNE: RSA, a provider of security risk and compliance solution, with an office in Mumbai, recently announced the findings of its 'May Fraud Report' ranking India amongst its top three countries targeted by phishing attacks by brands. ...
Risk Decisions | The first step to Enterprise Risk Management ...
Most organisations aspire to practise effective Enterprise Risk Management (ERM) , but very few are achieving it. Over the last decade, much effort has gone ...
www.riskdecisions.com/318.html
Advanced Fraud and Compliance Risk Assessment for Today's Customer ...
individuals who present a higher risk of fraud or legal and regulatory compliance issues. Lead Integrity Attributes are not intended to be used to screen ...
www.lexisnexis.com/risk/.../lead-integrity-attributes.pdf
India among top 3 nations targeted by phishing
PUNE: RSA, a provider of security risk and compliance solution, with an office in Mumbai, recently announced the findings of its 'May Fraud Report' ranking India amongst its top three countries targeted by phishing attacks by brands. ...
Like serving any multi-course meal, enterprise-risk-management projects can be large, intimidating, tough to coordinate and difficult to digest. In tackling an ERM rollout, breaking down the project is essential for success. Here are the basic steps of ...
An Enterprise Risk Management Approach to Consent to Treatment AGENDA
Enterprise Risk Management Handbook for. Healthcare Entities. Washington DC: American Health Lawyers Association; 2009. Risk Domains. An Enterprise Risk ...
www.dialogmedical.com/.../RL_Solutions_2011_UGC_Present...
Ask the boss: A COO's perspective on ERM
[Part of CSOonline's special report on enterprise risk management and organizational models.] CSO: How would you describe the value of this organizational approach? Mike Butler: This structure allows us to see all significant or critical risks across ...
SunGard Identifies Ten Trends for Corporate Liquidity Management
Insurance News Net (press release)
Continued streamlined management of banking relationships and prudent risk management will also be a focus. For many corporations, these initiatives will need to be managed within the context of evolving global business requirements, regional nuances ...
Banking risk management: 11 ways to improve risk forecasting in 2011
Ernst & Young says more robust risk forecasting can help banks identify actionable business decisions and enhance banking risk management. Ernst & Young says that, while the banking industry has made significant changes to risk management procedures, ...
Risk's rewards: Organizational models for ERM
... instituting enterprise risk management (ERM) processes that consolidate the information and the responsibility in one place. "We had an ERM function, but it was very limited," says Steven Jones, director of operational risk for Synovus Financial. ...
Insurance companies concerned about rising incidents of fraud: Ernst & Young
As Arpinder Singh, Ernst & Young's India Fraud Investigation & Disputes Services Leader states, "It is management's job to set the tone and frame the controls and programs to mitigate the fraud risk." Many companies have to do more to establish a ...
Agencies Publish Guidance for Bankers on Compliance with Risk Measurement Rule
Compliance Week (subscription)
Under the rule, banks have the flexibility to develop operational risk measurement and management programs, processes, and tools that are tailored to their specific activities, business environments, and internal controls. Regulators expect that there ...
Leadership and Risk Management Come Face to Face
Taking risks, as McGregor notes, can lead to a downfall, which is why enterprise risk management has become a centerpiece of a company's strategy in recent years. Risk managers can bring a balance to an enterprise that headstrong leaders might have ...
Managing Risk for Unlikely but Catastrophic Events
Enterprise Risk Management (ERM) programs may help businesses prepare for and respond to incidents that might not have a high likelihood of occurring but are capable of yielding catastrophic results. Stuart I. Greenbaum, Ph.D., management expert at ...
SunGard/PRMIA Survey Finds Basel III is Driving Focus on Risk, but ...
Insurance News Net (press release)
Adaptiv assists institutions of varying size and complexity to deploy technology to meet both internal and regulatory requirements for risk management and operational control. Adaptiv helps financial services institutions from the banking, hedge fund, ...
RBI panel calls for secure systems to check credit card frauds
"All acquirers and issuers may put in place adequate fraud risk management systems and processes [within] 12 months," said the panel in its recommendations for an action plan to implement additional authentication for all card transactions. ...
Reserve bank tightens rules to reign in fraud
Banks have also been asked to put checks and disincentives of their human resources policies as part of their fraud risk management framework. Banks will need to put in place criteria for appointing executives in treasury operations, ...
'GRC frameworks must keep pace with changing regulatory scenario'
Specific regulatory instructions have been conveyed to banks from time to time by the regulator on best practices to be followed in the areas of Governance, Risk and Compliance. However, GRC also requires consistency and clear line of sight from the ...
Regulator seeks good corporate governance as regulatory method changes
And it needs to have some way of telling how much capital it needs to deliver an acceptable risk-adjusted return to shareholders." Onekhena noted that it is a shift from rule based compliance enforcement to the development of more flexible systems ...
Regulatory Risk - Majority of Financial Institutions Have Begun Implementing ...
The report, "Change amidst uncertainty: how banks are adapting to the emerging regulatory landscape," includes a survey of 60 senior executives split between US- and UK-based financial institutions in the areas of trading, risk, regulation, ...
Retail Banking for Risk Management, Fraud, and Security - Intel
Intel leads the way in cloud computing and laptop virtualization: Important technologies changing how financial risk is computed and delivered.
www.intel.com/itcenter/industry/fsi/retail-banking/risk.htm
Investors like business risks, but 'despise' regulatory uncertainty, Lacavera says
It's already enough to have a business risk—that's what investors like to focus on. If there's a regulatory risk, a legal risk? It makes it just impossible," Lacavera told The Wire Report in an interview.
Dynamic approach to risk management should be a priority, says Marsh
Marsh's report, Risk and the Boardroom Agenda, focuses on the key political, supply chain, cyber and regulatory risks which European organisations face in 2011/2012, and outlines the actions boards should take to reduce the impact these risks may have ...
GRC and performance: toward an integrated view
Initially, Centene used Compliance 360 to automate its corporate code of conduct, and then expanded its use to manage compliance with state contract requirements because that was considered to be a primary compliance risk. Compliance 360 tracks ...
Managing Risk Requires Factoring In The Unexpected
AP View Enlarged Image Jim DeLoach, a managing partner and risk management specialist at Protiviti, a global business consulting firm, says managing risk should never be a static, check-the-box thing. Nor is it about doing periodic risk assessments. ...
Operational Risk Management - From Lagging to Leading Indicators
Operational Risk Management - From Lagging to Leading Indicators. Thanks to SAP Developer Network SAP Weblogs for this story. Jun 03, 2011 2:10am ...
itnewscast.com/.../operational-risk-management-lagging-leadin...
Mobile devices pose risk to enterprises: Survey
Increasing risk awareness among employees is considered the most important driver in improving coordination between IT risk management and enterprise risk management. Niraj Kapasi, chairman of the ISACA India Task Force and IT auditor, said, ...
A Greater Incentive for Whistle-Blowers
While compliance programs are still required, the whistle-blower rules give corporate employees a reason to bypass them and report directly to the government in the hope of reaping a financial windfall. The lobbying battle focused on whether employees ...
P&V Group chooses SAS for firm-wide risk management, Solvency II compliance
P&V Group has chosen SAS Risk Management for Insurance from the leader in business analytics software and services, to provide a central, firm-wide risk reporting solution that will help the organisation obtain a consistent and quick view of the ...
ARC Logics Enhances Axentis GRC Solution's Compliance Learning Management ...
Insurance News Net (press release)
ARC Logics combines both solution-specific and enterprise integration to help legal, compliance, risk, finance and audit departments within an organization rapidly address their unique risk management needs, while building a holistic, enterprise-wide ...
PwC and Compliance Week Release State of Compliance: 2011; Study Finds ...
"An effective compliance program is the cornerstone of cooperation credit allowed under the US Sentencing Guidelines and stakeholders are demanding much higher transparency in how compliance risk is effectively managed," said Miles Everson, ...
Hacker Liability: How at Risk is Your Company?
David Navetta, partner at InfoLawGroup LLP, is a 14-year legal veteran whose current practice focuses on cyber liability insurance, privacy and data security, PCI compliance and breach response. He is a Certified Information Privacy Professional (CIPP) ...
Banking risk management - Ernst & Young - Global
In the aftermath of the credit crisis, the changing nature of liquidity risk management demands attention from the global banking industry. ...
www.ey.com/GL/en/.../BCM_Banking-risk-management
Risk management in times of turmoil
A successful risk appetite would influence not only the risk-limit framework, but a bank's capital management, compensation structures, business strategy, and other important functions. To fully exploit the potential offered by a risk appetite strategy ...
Risk management in banks: Simple steps for difficult situations
The yo-yoing profit figures point at the need for more stability in accounting policy, including on quantifying and managing risk. A recent working paper on accounting opines that while measurement-based risk management in banking internationally is ...
Lessons learned from (bank) failures
The board and management failed to implement risk-management practices commensurate with the risks associated with the portfolio, and liberal loan underwriting and inadequate credit administration led to rapid asset quality deterioration and ...
Risk Management and Due Diligence Can Set Your Firm Apart
For advisors who want to better distinguish themselves in the marketplace, stepping up due diligence and risk management efforts seems to make a lot of sense. According to the Center for Fiduciary Studies, there have been four legislative acts that ...