Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Artificial intelligence–powered transaction monitoring is rapidly transforming how banks detect fraud and manage financial crime risks. As digital transactions grow across payment systems, financial institutions are increasingly adopting advanced analytics and machine learning tools to strengthen surveillance frameworks. AI-driven monitoring Read More …
The U.S. Office of the Comptroller of the Currency (OCC) has announced plans to strengthen regulatory expectations around liquidity risk management and anti-money-laundering (AML) compliance for national banks and federal savings associations. The proposed reforms aim to enhance the resilience Read More …
India’s banking system lost ₹36,014 crore to fraud in FY 2024-25, a 194 % jump over the prior year, even as the number of reported cases slipped to about 24,000.The Reserve Bank of India’s annual report attributes the spike chiefly Read More …
A thorough understanding of its financial crime risks is key if a firm is to apply proportionate systems and controls. The following are self-assessment questions to help you implement an efficient risk assessment to mitigate the risk behind finance crime. Read More …