Often, companies undertake a very comprehensive internal audit of their processes and operations. But often, the legal, compliance aspects are ignored.
SHRIRAM GOKTE) Newspapers reported that the travel web site Yatra.com was unavailable over the weekend from August 9th and came back on August 11th ( “Yatra.com’s inactive site impacts sales” The H
US authorities have charged two JP Morgan Chase traders with fraud in the $6 billion loss suffered by JP Morgan in what is known as the "London whale" case.
Risk appetite, stress testing, and capital planning are inextricably linked because it is difficult to address any of the three concepts individually without addressing the others.
At Riskpro, our goal is to bring you closer to global best practices in Risk Management. Often, we share relevant and useful content from other leading risk consulting organization.
The first question to ask yourself is whether you already have an internal audit methodology. After all, what good is a tool, if the audit methodology is flawed.
The Wolfsberg Principles gives a rule of thumb of one year after giving up a political function but some other guides give a two year period and individual practice may vary from one financial inst
An article published in MCX's July online journal on operational risk modeling for Banking and Insurance companies. http://www.ftrest.com/onlinejournal/july/8%20Operational%20risk%20modelling.pdf.
Every training channel has its advantages and disadvantages. Today, we will evaluate how AML E Learning can be an effective tool to manage money laundering.
Although, under Basel II, Indian Banks are adequately capitalized well above the minimum regulatory threshold of 9% Capital Adequacy Ratio, my study has highlighted the fact that in case Basel 3 ch
Reserve Bank of India (RBI) has issued Basel III (India) Regulations on 2 May 2012. There have been few changes from the draft rules issued earlier for comment/feedback.
a. It is usually more difficult to compare services to a product and the guidelines for Procurement of Services is a problem in PSU's and Govt. purchase not only in India but across the world.
Cobrapost's Shocking Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket “
