Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
A Hybrid Capability-Building Programme for Banks, NBFCs & Regulated Financial Institutions Self-Paced Online Courses + Live Faculty-Led Immersion + Dual Certification under BFSI Sector Skill Council of India & RMAI Executive Summary Artificial intelligence is moving from experimentation to expectation Read More …
A report prepared by KPMG reportedly contained AI-generated inaccuracies, or “hallucinations,” related to the use of artificial intelligence at UBS, raising concerns about the reliability of AI-assisted content creation in professional services. The incident has drawn attention to the challenges Read More …
The American National Standards Institute (ANSI) has invited industry experts, policymakers, researchers, and other stakeholders to contribute to the development of standards for frontier AI risk management. The initiative aims to establish frameworks that can help organizations safely develop, deploy, Read More …
Businesses across Hong Kong and mainland China are significantly increasing investments in artificial intelligence as they seek to enhance efficiency, innovation, and competitiveness. However, the rapid adoption of AI is also creating new challenges related to governance, cybersecurity, regulatory compliance, Read More …
The increasing adoption of agentic AI—systems capable of making decisions and performing tasks with minimal human intervention—is prompting organizations to strengthen governance and risk management frameworks. As businesses deploy more autonomous AI solutions, concerns are growing around accountability, transparency, security, Read More …
Artificial intelligence is rapidly transforming business operations, but it is also creating a new and complex landscape of liability risks. What was once considered a future challenge has now become an immediate concern for organizations, insurers, and risk managers worldwide. Read More …
The modern digital banking ecosystem has expanded far beyond the traditional boundaries of internal IT parameters. With financial institutions increasingly relying on complex cloud architecture, core banking application programming interfaces (APIs), and third party FinTech vendor pipelines, the corporate threat Read More …
Banks and financial institutions increasingly rely on AI solutions from third-party vendors and FinTech partners. These collaborations enhance innovation and operational efficiency but also introduce operational, compliance, and reputational risks. Mismanaged AI systems can lead to failures, regulatory breaches, and Read More …
Financial institutions are increasingly re-evaluating the economics of model risk management as Artificial Intelligence, machine learning and advanced analytics become more deeply integrated into banking, insurance and financial services operations. Industry experts note that financial organisations now rely on a Read More …
Chief Risk Officers (CROs) in the insurance sector are increasingly being expected to play a broader strategic role as insurers navigate evolving economic, technological, regulatory, and operational challenges. Industry experts believe insurance CROs in 2026 will need to move beyond Read More …