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RBI asks banks to adopt unique customer identification

Recently, I read the above article on the net.  It mentioned that The Reserve Bank of India (RBI) has asked banks to develop a unique system of customer identification across the banking system.

Systemic Risk Is Not Event Driven, It Is Character Driven

"Why does everybody start talking about systemic risk, after a crisis has already started?

Euro Market Outlook – Risk Management badly needed

Ernst and Young have come out with a very good outlook report on Euro market and the impact on various industries such as Banking Asset Management, Insurance companies.

IRDA considers permitting insurance companies to take on Derivatives

Derivatives are strange instruments indeed. Some countries like them, some don't.

People Risk and the PRAY model - White Paper

People Risk is an aspect and element of Operational Risk in any industry or enterprise. In many the People factor and Human Error element has been reduced to be almost nonexistent.

COSO’s Internal Control-Integrated Framework (ICIF) – Now changing

The COSO, ICIC was first published in 1992.

Risk Appetite – ERM in action

For those who are passionate about ERM and risk management, take a look at the new Risk Appetite document from COSO. It is up for public comments.

Key Risk Indicators (KRI) for Oil and Gas Companies

Given below are some key risk factors for Oil and gas companies. You may want to include these KRI in your Operational Risk Management Framework.  

Risk Management – Interesting Reading 3

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.

Risk Management – Interesting Reading 1

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.  

Independent Directors

Stress Testing Corporate Credit Portfolio

We don't need to get stress to carry out a stress testing of a Corporate Portfolio.

Enterprise Risk Management (ERM) Questionairre

Purpose The ultimate goal of Enterprise Risk Management (ERM) is to evaluate total returns relative to total risks, leading to more informed business decisions.

Which is better - FRM or PRM

FRM or PRM: Which course is better? This is a question asked by many who aspire to be Risk Professionals.  

Using BEICF to adjust Basel AMA Operational Risk capital

The issue all of us face in using the BEICF data, is lack of structure and mechanism to quantify if controls fail.

RBI now regulates MFI Industry

A Sub-Committee of the Central Board of the Reserve Bank (Chairman: Shri Y. H. Malegam) was constituted to study issues and concerns in the MFI sector.