Operational risk appetite and how to detect when your organisation is close to breach its pre-defined levels

By Manoj Kulwal, Eureka Financial Faculty An organisation may have several business units and the activities of each unit may be unique e.g. a bank may have a retail banking and commercial banking business units. Each business unit will be exposed to a set of risks that may influence its ability to achieve its objectives. […]

Best Practices in Corporate Governance

Boards are essential for making sure that shareholders are able to properly hold the management team to account. Getting the boardroom dynamics right is the key to success. Is your board well structured? What kind of person should you take on as a chairman, and do you need non-executive directors? What is the role and competencies […]

Are you ready for FATCA?

  FATCA came into effect on 1st of July requiring foreign banks to report their offshore accounts. To facilitate an orderly transition the United States IRS will refrain from rigorously enforcing many of the requirements during 2014 & 2015, as long as foreign financial institutions (FFIs) are making a good-faith effort to achieve compliance. This […]

Operational Risk recognised as the most important risk by financial institutions

By: MartketWatch.com Chartis nominated SAS OpRisk system as the leader in the market for Operational Risk Management. Payman Mestchian, Managing Partner at Chartis says that their research suggests that “operational risk is now recognized as the most important risk by financial institutions. Also the scope of coverage for operational risk management processes and systems is […]

Main Trends in Collateral Management

By: Securities Lending Times According to the new survey conducted by Sapient Global Markets in March, evolution towards the front office has been identified as one of the main trends for efficient collateral management across global market participants. The research also identifies the efficiency gains required to deliver increased automation and the support systems needed […]

International Securities Settlements and Custodial Services Program in London

  Register for a practical 2 day International Securities Settlements & Custodial Services course in London – 7-8 of July 2014. This 2 day training program is designed to provide delegates with practical  knowledge about the key concepts, systems, processes and procedures in international securities settlement and custodial services as well as operational risks involved.   […]

ERM – Lessons learnt since the financial crisis and where practices are still lagging

Lessons learnt after the crisis With signs that the global financial crisis is on the wane; five years after the fall of Lehman Brothers  analysts are asking what lessons, if any, have been learnt along the way.  To this end Treasury & Risk put a series of questions to US actuary and financial risk management […]

S&P report on the Gulf Corporate Governance

By: Nicolas Parasie, The Wall Street Journal According to the latest report by S&P corporate governance among Gulf companies is weak and improving it will be a slow process. Only 2 or 6.3%, of the 32 companies in the Gulf Cooperation Council (GCC) region that S&P rates have earned “strong” management and governance points. That […]

10 Questions each Risk Manager should ask himself

By Stanley Epstein The whole aspect of Risk Management has taken on a much higher profile over the past few years, driven by many new factors. In the financial industry the crisis that so unpleasantly arrived on our doorstep in 2008 has been a major catalyst while other recent events such as 9/11, the recent […]

Working together to combat money laundering

7th Annual European Financial Crime Conference On 21st October the European Financial Crime Conference takes place in London.  Key areas to be debated over two days include current thinking on AML compliance and a review of the EU’s AML agenda.  The conference is expected to draw in delegates not just from the UK and EU […]

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