Many supply chain risk management (SCRM) plans fail because they overlook the complex interdependencies, dynamic risks, and operational realities of modern global supply chains. Experts note that traditional planning often focuses on static risk assessments without factoring in real-time disruptions, Read More …
Tag: Operational Risk
Key Reasons Supply Chain Risk Management Plans Fail and How to Avoid Them
RBI 2026 Draft Governance Changes for Bank Boards
The Reserve Bank of India (RBI) has recently released a draft circular proposing significant governance amendments for banks and NBFCs. These amendments are designed to strengthen board accountability, enhance risk oversight, improve internal controls, and address emerging operational and regulatory Read More …
COSO ERM vs ISO 31000: Which Risk Framework Fits Your Organisation
Enterprise risk management is no longer just a compliance requirement. In today’s complex business environment, organisations face strategic, operational, technological, and regulatory risks that can significantly impact growth, reputation, and sustainability. Selecting the right risk management framework is critical for Read More …
RBI Deregisters 135 NBFCs and Introduces Registration Exemption
The Reserve Bank of India has taken decisive action by deregistering 135 Non-Banking Financial Companies (NBFCs) that failed to meet regulatory and operational requirements. This move reflects RBI’s continuing focus on financial stability, governance discipline, and systemic risk mitigation. Simultaneously, Read More …
Why AI Is Risky in Supply Chains Despite Its Popularity in Everyday Life
Artificial intelligence (AI) is increasingly transforming supply chain operations, offering efficiency, predictive analytics, and automation. However, experts caution that while AI feels intuitive and fun in everyday applications, its adoption in supply chains introduces operational, strategic, and ethical risks. AI-driven Read More …
Certified Risk Management Professional in Insurance Industry (CRMPII) – RMAI Insurance Risk Certification
The insurance industry operates in a highly dynamic and regulated environment. Understanding Enterprise Risk Management (ERM), Operational Risk, and Insurance & Financial Risks is crucial for professionals aiming to make strategic decisions, safeguard organisations, and drive business value. The Certified Read More …
AI’s Unique Risk Profile Makes It Difficult to Manage in Insurance
Artificial intelligence (AI) poses distinct challenges for risk management in the insurance sector, according to industry experts. Unlike traditional risks, AI systems can be unpredictable, dynamic, and difficult to monitor, making governance, validation, and mitigation more complex. Insurers adopting AI Read More …
HDI Global Highlights the Strategic Role of Risk Management at Board Level
Willem van Wyk, Senior Executive Officer and Director for the Middle East at HDI Global, states that risk management is evolving into a board-level strategic function rather than just a compliance requirement. Companies operating across multiple jurisdictions face complex risks Read More …
Why SME Risks Become More Complex as Businesses Expand
As small and medium enterprises (SMEs) grow, their risk profiles become increasingly complex, according to industry experts. Expansion introduces higher operational, financial, regulatory, and cyber risks, which can impact continuity, profitability, and compliance. Experts note that SMEs often face challenges Read More …
Reserve Bank of India (RBI) Releases Financial Stability Report, June 2026
RBI released the June 2026 edition of its Financial Stability Report (FSR) on June 30, 2026. The report finds India’s financial system resilient and well capitalised, with bank gross NPAs at a multi decadal low of 1.8%, strong capital buffers Read More …