The impact of climate change in the long run is seen as a financial security risk globally, affecting some $100 trillion of fossil fuel assets. Environmental, social and governance (ESG) is a critical enabler of effective risk management—a primary reason why Read More …
Tag: Business Risk Management
How Financial Stability Relates To ESG Disclosure
How Executives Can Better Prepare For And Manage Risks
The collapse of Silicon Valley Bank and the recent concerns about Credit Suisse are a sharp reminder — if any were truly needed — that risk is always with us and, by its very nature, comes when and where we least expect it. In Read More …
The importance of understanding risks in mutual funds
Like all other investment possibilities, risk is an unavoidable part of investing. Different investments have different points of the risk spectrum. Just like that, mutual funds also carry risks. Mutual funds are known to be one of the most preferred Read More …
Gartner Survey Shows Third-Party Risk Management “Misses” Are Hurting Organizations
Enterprise Risk Management Teams Need a Better Approach to Third Parties Enterprise risk management (ERM) teams are struggling to effectively mitigate third-party risk in an increasingly interconnected business environment, according to Gartner, Inc. In a Gartner survey of 100 executive Read More …
Three Ways To Shore Up Your Risk Management Practices
Mitigating financial risk is an integral part of running a successful enterprise, even if most within an organization don’t fully know what it entails. That’s because risk management is often seen by some within an organization—executives included—as a process that Read More …
Banks request RBI to extend reporting time frame for loan related fraud
Banks have requested the Reserve Bank of India (RBI) to relax the rules on reporting loan fraud. They told the RBI that the existing norms are too stringent, The Economic Times (ET) reported. The banks have sought a month’s time for reporting loan fraud to the RBI. Read More …
Risk management essential to future-proofing supply chains
Businesses need a better understanding of multi-tier supply chains to limit the impact of disruption Businesses should develop a better understanding of the make-up of critical multi-tier supply chains so they can limit the impact of disruption, according to a Read More …
Next level reforms for risk management in banks
The operating environment of banks is fast changing. The key policy documents – Union Budget – 2023-24, Economic Survey 2022-23 and the aspirations set under India@100 during the Amrit Kaal – 2022-47 when seen together with the changing forms of Read More …
5 ways in which life insurance companies can mitigate ESG risks
According to the World Economic Forum’s, Global Risk Report 2022, climate action failure ranked as the number one long-term threat to the world, a far cry from 2015 when it did not even feature among the top global risks. There Read More …
India’s security and risk management spending to grow 8% in 2023: GartnerIndia’s security and risk management spending to grow 8% in 2023: Gartner
The end-user spending on security and risk management in India is forecast to total $2.65 billion in 2023, an increase of 8.3 per cent from 2022, according to an analysis by Gartner, Inc. Security services will remain a key spending Read More …