Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
In this article, we will delve into the critical concept of financial risk management within the context of anti-fraud operations, especially as financial institutions navigate the complexities of the modern landscape. We will explore the complexities of this essential field, focusing on how Read More …
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 …
Financial institutions are a prime target for cyberattacks due not only to the money they have but also the data their systems house. Money and data equal a goldmine for bad actors. In many cases, the data—an institution’s crown jewels that can Read More …
Risk management vs. risk orchestration The analytical, data-rich world of technology and finance remains in stark contrast to less linear, creative fields like art and music. However, a musical analogy can help illustrate the fundamental difference between risk management and Read More …
Banks and regulators wake up to climate risks For banks, the transformation begins now. Those that fail to navigate the path to a low-carbon economy could be slapped with billions of dollars in fines and settlements, warned Stuart Lewis, group Read More …
The regulatory landscape for financial firms is in a state of flux, both in the U.S. and abroad. New anti-money laundering (AML) laws, sweeping new consumer protection requirements and new sanctions in response to Russia’s invasion of Ukraine are only a sampling of the regulatory Read More …
Risk is “the potential for consequences where the outcome is uncertain and something of value is at stake” (Intergovernmental Panel on Climate Change). It has distinguishable elements including a hazard, exposure, vulnerability, response options, values, magnitude, likelihood, and temporal characteristics, and Read More …
Every business, large and small, faces some degree of risk. Risk can come from a variety of sources: the economy, natural disasters, market fluctuations and so on. But one of the biggest risks that businesses face is a third-party risk. Read More …
Indian banks and global investors are considering caps for their exposure to the Adani Group amidst the conglomerate’s aggressive growth push, which is riding on acquisitions, S&P Global Ratings said on Thursday. Even as the Group tries to grow in new business Read More …
The Indian Rupee is expected to trade steady on Thursday amid risk aversion in global markets and expectations of recovery in US Dollar. The domestic currency may track gains in regional peers as China’s stimulus plan bolsters the outlook for Asian economies. Read More …