The RBI Grade B Mains Exam’s Finance & Management portion includes a subsection on Risk Management in the Banking Sector. Given that there are numerous questions based on it, it is among the most crucial issues to study for in this exam. The country’s financial sector plays a significant role in its economic expansion. Without […]
Capital Adequacy
Internal Audits Role in Fighting Cyber Attacks
Cyber-attacks are growing exponentially as our world becomes more digitally integrated on a global scale. From ransomware holding data hostage to phishing attacks spoofing innocent users, cybercriminals are looking to exploit the exponential amount of data existing in today’s world for easy payouts. A troubling stat from Cybersecurity Ventures estimates cybercrimes will costs businesses $6 […]
The Global Risks Report 2018
Similarly as last year, we are publishing the most recent Global Risks Report 2018, 13th Edition, by the World Economic Forum. At a glance, the Global Risks Landscape will give us a clear overview of the Risks considered for 2018, from an impact and likelihood perspective, with the risks being laid out in a matrix […]
BIS: Market Risk Capital Requirements FAQ
In January 2016, the Basel Committee on Banking Supervision published the standard Minimum capital requirements for market risk (access the BIS full text here). With the goal of promoting a consistent global implementation of this standard, which is to become the basis for Pillar 1 capital requirements in 2019, the Basel Committee periodically reviews frequently […]
5 Essential Rules for Trading with Futures
A “Futures contract” is a legal agreement between two parties that agree the delivery, from one party to the other, of a specified quantity, of a specified asset, on a specified future date, at a price agreed on the moment of the trade execution. Futures contracts are exclusively exchange-traded (the equivalent OTC instrument is called a […]
Global Risks Report 2017
The Global Risks Report 2017, from the World Economic Forum (WEF), features perspectives from nearly 750 experts on the perceived impact and likelihood of 30 prevalent global risks as well as 13 underlying trends that could amplify them or alter the interconnections between them over a 10-year timeframe. The WEF summarises that: 2016 saw a crystallization […]
KPMG 2017 Global Audit Committee Pulse Survey
To better understand the key challenges and concerns facing audit committees, boards, and their companies, KPMG’s Audit Committee Institute surveyed more than 800 audit committee members in 42 countries. The survey findings offer insights that audit committees around the world can use to sharpen their focus, benchmark responsibilities and practices, and strengthen oversight. While audit […]
FREE COURSE: Financial Markets
This is a great opportunity for anyone who wants to improve their knowledge in Financial Markets. It’s a FREE course created by Yale University and starts on Jan 23. A summary of the course content and syllabus is explained below. Course Syllabus Week 1: Basic Principles of Finance and Risk Management (5 videos, 1 reading) Reading: Optional […]