Please wait...

Blogs & Articles

What are the unique risks that domestic PEPs may pose

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
November 26, 2022

Foreign Exchange Risk Management - Its impact on the common man

Author: Laxmikant Gupta - SVP, Risk and Compliance - ICICI Ventures.
October 01, 2022

Operational Risk Modeling

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.
October 01, 2022

Anti Money Laundering (AML) in India - Trade Based Money Laundering

So, we all know what AML is how Banks can prevent Money Laundering. But very few of us know about Trade Based Money Laundering (TBML).
October 01, 2022

Anti Money Laundering (AML) and KYC - E Learning - India

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.
March 03, 2023

Basel III - Impact on Indian Banks

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
March 03, 2023

Basel III (India) - An Update

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.
October 01, 2022

Pricing Services in Public Sector versus private Sector

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.
October 02, 2022

Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank - Running A Huge Nation-wide Money Laundering

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 “
October 02, 2022

Writing and Implementing BCP Plan - Approach based on ISO 22301

Background on BCM and ISO 22301 Is Your Organization's Business Continuity Plan Effective?
October 01, 2022

Message posted on Linkedin.com Group - Risk Management Professionals - India

Dear Risk Professionals, Despite controlled and restricted membership, Risk Management Professionals - India has now crossed a membership base of 3,000.
October 01, 2022

Canada’s Bank Regulator Targets “Operational Risk” in 2013

Quoted in the Wall Street Journal recently, "Canada’s top financial watchdog intends to press the big banks next year on how well prepared they are to deal with so-called “operational risk”–one of
October 02, 2022

Welcoming Risk in 2013

Yes, you read it right. Who would dare to welcome “Risk” into their lives in the New Year.....other than the bravest, most prepared and proactive businesses.
October 01, 2022

Largest Financial Services Fines

So, who is the top on the list of Regulatory penalties and Fines. IT is none other than HSBC.  It was fined US$ 1.9 Billion on Money Laundering lapses. ITs activity in Iran resulted it dear.
October 02, 2022

SEBI makes misselling punishable - just like fraud

Finally, curbing misselling is a thing that is gaining important. Misselling of mutual funds will henceforth attract penal provisions.
October 01, 2022

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. 
November 26, 2022

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
October 01, 2022