Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
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 firms amidst the conglomerate’s aggressive growth push, which is riding on acquisitions, S&P Global Ratings said. 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 …
Capital markets regulator Sebi on Monday put in place an elaborate risk management framework for electronic gold receipts. The watchdog has issued a circular pertaining to Electronic Gold Receipts (EGRs) that covers various aspects, including margin collection, provision of early pay-in of funds for EGR, short-collection Read More …
Recently, the customs department has received many complaints about where people have been duped of their money in their officers’ name. The fraudsters have been cheating the general public through social media platforms, impersonating customs officials and promising them to send parcels of various Read More …