The first training lesson I received on the topic of corporate failure when I joined Arthur Andersen as an external auditor over two decades ago, which included two primary reasons why companies failed: fraud and cash flow. Some years Read more

While model validation as part of the Solvency II IMAP is now considered “business as usual” by insurers, there is more uncertainty around using model risk management (MRM), according to the latest guidance from the IRM’s Internal Model Industry Read more

By Abhishek Paul IRMCert, IRM Ambassador for India, Associate Vice President: Natwest Markets Controls Assurance Lead, RBS Business, India

An effective risk culture is one that enables and rewards individuals and groups for taking the right Read more

By Abhishek Paul

What’s the first thing that comes to your mind when you think about risk? Maybe something that might impact your physical, financial or emotional wellbeing. To some extent you might be right.

So what do you Read more

The day of reckoning arrived for banks, brokers and asset managers this month as Mifid II finally came into force on January 3, 2018.

The Financial Instruments Directive II (Mifid II) – a wide-ranging set of rules that Read more

The highly disruptive world in which we live means that the need for organisations to be able to respond quickly and effectively to rapidly emerging risks or sudden crises has never been greater.

Most organisations recognise this and undertake Read more

The first flurry of predictions for 2018 are beginning to drift in. While technology disruption, natural disasters and cyber risk are all near the top of most lists published so far, risk management has also gone up the agenda Read more