Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The Federation of European Risk Management Associations (FERMA) is advocating for the adoption of a unified standards framework to strengthen risk management practices across Europe. According to the report, the initiative aims to create greater consistency in how organisations identify, Read More …
Financial regulators are undertaking a significant overhaul of model risk management (MRM) frameworks, reflecting the growing reliance on complex models and artificial intelligence (AI) in decision-making processes. According to the report, the updated regulatory focus aims to strengthen governance, validation, Read More …
The Digital Operational Resilience Act (DORA) is placing renewed emphasis on credential management as a critical control for strengthening operational resilience in the financial sector. According to the report, credential management—covering the secure handling of passwords, access keys, and authentication Read More …
India’s Finance Minister has called on the Securities and Exchange Board of India (SEBI) to deepen global cooperation and harness artificial intelligence (AI) for enhanced cyber risk management in capital markets. According to the report, the emphasis is on strengthening Read More …
India is stepping up its response to emerging digital threats as concerns grow over the impact of artificial intelligence (AI) on the financial sector. Authorities have constituted a dedicated panel to evaluate cybersecurity risks linked to AI-driven technologies in banking Read More …
The Monetary Authority of Singapore (MAS) is collaborating with industry stakeholders to develop a comprehensive artificial intelligence (AI) risk management toolkit for the financial sector, reflecting growing global focus on governing AI adoption in finance. The initiative aims to provide Read More …
The United States Treasury has released a comprehensive guidebook aimed at strengthening artificial intelligence (AI) risk governance across financial institutions, reflecting growing regulatory focus on managing emerging technology risks in the financial system. The guidance outlines key principles for the Read More …
The newly enacted Senate Bill 53 in California has raised important questions about whether the state’s approach to AI risk genuinely promotes safety or simply bureaucratic compliance. Authored by Gavin Newsom’s administration, this legislation defines “catastrophic risk” for AI systems Read More …