Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Inside most banks, compliance risk and regulatory risk are spoken about almost interchangeably, often sitting under the same team, the same policy document, and the same quarterly report to the board. This is a costly simplification. Compliance risk vs regulatory Read More …
European banks are increasing investment in risk management, compliance and artificial intelligence as competitive pressure from fintechs and non-bank lenders intensifies, according to new research from Moody’s. The study found that 61% of European banks regard growing competition from new Read More …
K2 GRC has launched a new FAIR-based Risk Service designed to help organisations quantify cyber risk in financial terms and strengthen business decision-making. Built on the Open FAIR methodology, the new service extends K2 GRC’s integrated governance, risk, compliance, training Read More …
Aon has launched an AI Risk Diagnostic, an enterprise-level assessment designed to help organisations evaluate and manage risks arising from the growing use of artificial intelligence across business operations. The solution provides organisations with a structured assessment of their AI Read More …
The Reserve Bank of India’s Fraud Risk Management Directions, 2026 significantly strengthen the responsibilities of commercial banks, including Small Finance Banks, across the complete fraud risk lifecycle, from early detection through classification, reporting, and post fraud credit decisions. For risk, Read More …
Few corporate case studies capture the full scope of operational risk, governance failure, and safety culture breakdown as completely as the Boeing 737 MAX crisis. Two fatal crashes, the Lion Air flight in October 2018 and the Ethiopian Airlines flight Read More …
Vigilance in banking is often associated with investigations, disciplinary proceedings and action taken after misconduct has been detected. Its more important role, however, is preventive. An effective vigilance framework should identify vulnerable processes, unusual employee behaviour, control overrides and suspicious Read More …
The banking industry is witnessing one of the most significant transformations in credit risk management with the transition from the traditional incurred loss model to the Expected Credit Loss (ECL) framework. Unlike earlier provisioning approaches, which recognised losses only after Read More …
Kenyan banks are increasingly deploying artificial intelligence and alternative data in credit risk management as the sector confronts elevated levels of non-performing loans and seeks more accurate ways to assess borrowers. According to the Kenya Bankers Association, lenders are integrating Read More …
The Federal Deposit Insurance Corporation (FDIC) is working with banking and fintech industry groups to create an independent standard-setting organisation aimed at improving how banks assess fintech companies and other third-party service providers. Under a draft term sheet dated July Read More …