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Regulation Takes a breath

Things are not so solvent in Basel. In other words, Solvency II and Basel III are both likely to get delayed compared with original timelines. 

Actuarial Science

Eligibility for Actuarial Science : 1) Should have completed 18 years of age 2) Should have attained any one of the following Educational Standards A) Passed 10+2 (H.S.C) or equivalent with at leas

Suitability and Appropriateness in Indian Context (Mifid tailor made for India)

The Markets in Financial Instruments Directive (MiFID) are already redefining the investment landscape in global markets. Heavy penalties and law suits ruled the world post financial crisis. Why?

Social Media Risk and Reputation Risk - How one feeds into the other

Reputation and Reputation Risk It is a well known fact that possibly one of the most valued asset for any organisation is its reputation.

Flash Crash = Fat Cash

Flash Crash = Fat Cash

Risk Management Training

Risk culture is something that cannot be build overnight. It is not something for which you can hire a consultant and then make a magical transformation just like that.

IRDA issues IPO norms for General Insurers

Insurance Regulatory and Development Authority issued a draft guidelines allowing General Insurance companies to tap the capital market.

ISO 31000 Survey

G31000, a non-profit organisation for raising awareness on ISO 31000, has recently released the First global ISO 31000 risk management survey.

Risk Managers in great demand - Growth to exceed 40% annually

The demand for risk managers is growing and likely to continue to grow for the next 5-10 years. More and more companies are focusing on risk management services.

Fines paid by global banks helps US Regulators a revenue of USD 3 Bn since 2009 - A snapshot

Some of the biggest money-laundering settlements arose with biggest banks from a probe by US regulators that began in 2009 are as follows which earned the US government USD 3 Bn:

HEALTH & SAFETY TRAINING COURSES ACROSS INDIA

NIST Offer a Comprehensive range of globally-recognised, vocationally-related qualifications designed to meet the health, safety, environmental and risk management needs of all places of work in bo

LIBOR Scandal rules the world

Lots of action lately…Price manipulation, “Power market” manipulation, LIBOR rigging, management exits, resignations, frauds and the like.

Money Laundering Regulations are simply Black and White

We have been reading about a lot of Money Laundering scrutiny recently. HSBC is in depp trouble and had to pay massive penalties.

Living Will for the Large Banks...They surely need given the recent suicidal developments

The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that bank holding companies with total consolidated assets of $50 billion or more and nonbank financial companies designated b

Risk Management Alert: What's Happening around the world

Basel Committee has been busy issuing guidelines. Here are some of the latest that may be worthwhile.

Basel creates a new breed of Banks - Domestic Systematically Important Banks (D-SIB)

Basel released its consultative document on framework for dealing with domestic systemically important banks. This is open for comments till 1 August 2012.

HDFC Standard Life penalised by IRDA - Poor risk management practices

Customers are Cheering. Insurers are shocked. Media is thrilled.

Infosys linked yet again in fraudulent practices

Time and again we hear of Infosys and the good deeds of Narayan Murty. But lately, the negative stories are always published with some linkage to Infosys.