Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Reserve Bank of India (RBI) Deputy Governor Swaminathan J has cautioned banks and other financial institutions against weakening internal controls in their pursuit of digital transformation, faster transactions and improved customer convenience. He emphasised that technological advancements, including artificial intelligence Read More …
Reserve Bank of India (RBI) Governor Sanjay Malhotra has cautioned banks and financial institutions about emerging cybersecurity threats associated with artificial intelligence (AI), emphasising the need to strengthen IT infrastructure, safeguard customer information and promptly address technological vulnerabilities. Speaking at Read More …
Four US federal financial regulators have proposed revised guidance for banks managing risks arising from third-party relationships. The Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board (FRB) and National Credit Union Administration Read More …
Businesses are increasing their investment in risk management as organisations face a more complex and interconnected risk environment. According to the Hiscox Global Risk Report 2026, 69% of risk managers expect investment in risk management to increase, indicating that companies Read More …
The emergence of frontier AI models in April 2026 has changed the cyber-risk landscape, according to a new CEPR VoxEU analysis by Eric Törnqvist and Jerzy Kopiński. The authors argue that advanced AI systems can autonomously execute cyber operations and Read More …
The European Banking Authority (EBA) is moving towards a more targeted approach to third-party risk management, with regulatory attention increasingly focused on outsourcing arrangements involving critical or important functions. The approach is intended to reduce unnecessary compliance burdens while ensuring Read More …
Reserve Bank of India (RBI) Deputy Governor Rohit Jain has outlined a 10-point framework for managing technology and cyber risks, urging banks to strengthen governance as artificial intelligence becomes increasingly embedded in financial services. Speaking at the State Bank of Read More …
The Reserve Bank of India has outlined 10 key requirements covering technology and cyber-risk management for regulated entities, emphasising stronger governance, controls and resilience as financial institutions become increasingly dependent on digital infrastructure. The requirements focus on ensuring that technology Read More …
Cybersecurity training for NBFC employees is no longer simply an HR awareness initiative or an IT department activity. RBI’s current framework expressly requires NBFCs to maintain an ongoing information-security training and awareness programme and to measure whether that training is Read More …
Four US financial regulators have proposed new third-party risk management guidance aimed at helping banks and credit unions tailor vendor oversight to the actual risks posed by individual third-party relationships. The proposal was issued by the Office of the Comptroller Read More …