Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...
Jireh Risk Advisors Ltd., the insurance-linked securities (ILS) focused solution provider and Strategic Risk Solutions (SRS), ...
As organizations integrate data-driven insights into their operations, predictive screening models are emerging as both a safeguard and a growth catalyst.
Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...
The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...
Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...
Following the global financial crisis that began in 2007–08, policy- makers have multiplied their efforts and implemented reforms to strengthen the resilience of the financial sector. But – while ...
Professionals who understand and adopt this shift early will be better positioned to lead and win in the industry’s next ...
Turkey’s Trans-Anatolian Natural Gas Pipeline (TANAP) is significantly enhancing its operational safety and integrity ...
AI is reshaping cyber and operational risk in banking — but not always in predictable ways. It offers tools for fraud reduction, threat detection, and operational efficiency. At the same time, it ...
Some 40 percent of firms have a Brexit relocation plan, according to a recent KPMG benchmarking survey. The annual risk and internal capital adequacy assessment process benchmarking survey, entitled ...