Rapidly changing economic and market conditions give rise to unusual changes in risks for many organizations.We take two very critical issues in such a situation.
Commodity futures and options are more recent when compared to equity futures and options. They are also the lesser understood by the layman compared to their counterparts.
With so much happening around every person from every walk of life, one would believe that risk management career is the best option for a recent graduate. But that is not entirely true.
To effectively monitor operational losses, apart from getting effective loss data, you also need data on insurance recoveries to be able to take effective risk management decisions.
1. Board should have needed expertise and be provided vital information 2. Strategy and risk appetite need to be well linked 3. Risk management should be considered as an independent function 4.
By the time you finish reading this, you will be in a position to minimize frauds that occur a result of poor internal controls. But you will not be able to make these controls fool proof. Why?
When planning to document an Integrated Risk Management (IRM) Policy, the Risk Management Department or RMD should ensure that it is all encompassing and really paves the way for long term risk man
As per recent surveys, regulatory and compliance risk is one of the greatest strategic challenge facing global businesses. This is a finding by Ernst & Young in their recent survey.
Today, increasing number of services and consulting firms are creating a new subset of services by combining various service lines into a package known as Governance, Risk and Compliance (GRC).
