China Expands Geological Disaster Risk Management

China Expands Geological Disaster Risk Management

China is expanding its geological disaster risk management framework by shifting from the management of individual hazard points towards broader risk-zone-based prevention and control, according to a new five-year plan released by the Ministry of Natural Resources. (chinadailyhk) The Implementation Read More …

BFSI Impact: Guidewire India on AI, GCCs & DevSummit 2026

BFSI Impact: Guidewire India on AI, GCCs & DevSummit 2026

The BFSI Impact Series continues to track the people and platforms shaping banking, financial services, and insurance in India, and this edition turns the spotlight on Guidewire DevSummit 2026. Held on May 13, 2026 at the Sheraton Grand in Whitefield, Read More …

Absa Bank Modernises Credit Risk Reporting with SAS

Absa Bank Modernises Credit Risk Reporting with SAS

Absa Bank has modernised its credit risk management infrastructure using SAS Viya on Amazon Web Services (AWS), significantly reducing reporting time while strengthening model governance and regulatory compliance. The initiative was announced by SAS on 5 August 2026. (PR Newswire) Read More …

RBI’s Revised Credit Facilities Directions 2026 for Small Finance Banks Explained

RBI's Revised Credit Facilities Directions 2026

Small Finance Banks are working through one of the more detailed regulatory overhauls in recent years, with the Reserve Bank of India revising the Credit Facilities Directions that govern how these institutions lend against securities and extend credit tied to Read More …

RBI’s New Loan Recovery Directions 2026: What Banks and NBFCs Must Do Before January 2027

RBI's New Loan Recovery Directions 2026: What Banks and NBFCs Must Do Before January 2027

On August 6, 2026, the Reserve Bank of India issued nine separate circulars in a single day, each amending the Responsible Business Conduct framework for a different category of regulated lender, from commercial banks and small finance banks to NBFCs Read More …

Millennium and Anthropic to Develop AI Powered Digital Risk Analyst

Millennium and Anthropic to Develop AI Powered Digital Risk Analyst

Millennium has partnered with artificial intelligence company Anthropic to co-develop an AI-powered digital risk analyst aimed at strengthening risk assessment and decision-making across the investment manager’s operations. (The Trade News) The initiative forms part of a broader collaboration between the Read More …

FERMA Strengthens European Risk Management Network

FERMA Strengthens European Risk Management Network

The Federation of European Risk Management Associations (FERMA) is stepping up efforts to build a stronger and more collaborative risk management community across Europe, with a greater focus on cooperation, knowledge-sharing and engagement among its national associations. Speaking at FERMA’s Read More …

Construction Risk Management Must Begin Before Work Starts

Construction Risk Management Must Begin Before Work Starts

Effective construction risk management should begin during the planning stage rather than immediately before a project starts, according to John Billis, Vice President of Aviva Risk Management Solutions at Aviva Canada. (Insurance Business) Construction projects involve multiple exposures, including specialist Read More …