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 […]
Risk Management
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 […]
VIDEO: Credit Risk Assessment and Management
This article includes a series of videos from Prof. Joseph M. Pimbley, PhD in Theoretical Physics and Principal of Maxwell Consulting, a firm he founded in 2010. Prof. Joseph M. Pimbley participates actively in several industry forums and is board member of different institutions, having had several Wall Street roles in the past, including positions […]
10 Top Risks for 2017
The following report from Protiviti, an international Risk & Business Consulting and Internal Audit company, and North Carolina State University’s ERM Initiative, contains results from the fifth annual risk survey of directors and executives. This report includes their views and the likely collection of risks that will affect their organisations over 2017. Key findings The […]
VIDEO: COSO Enterprise Risk Management Course
Choosing an adequate risk framework before adopting Enterprise Risk Management (ERM) is an important task. Adopting a standard framework for defining ERM as baseline is not only best practice but it also allows CROs and Risk Managers to capitalise on existing resources. There are several possible frameworks to start from; some references include COSO Enterprise […]
Top 5 Risk Management Trading Rules
Portfolio managers (PM) and traders make investment decisions everyday which translate into risk positions in their books. These decisions are mostly supported by strong fundamental views and solid convictions, based on the PM’s or trader’s view on how the market will move and how will these moves affect their positions. There are several techniques that a PM or trader […]
100+ Countries Corporate Governance Codes
The European Corporate Governance Institute (ECGI) is an international scientific non-profit association. Its main goal is to provide debate forums and facilitate dialogue between academics, legislators and practitioners, with special focus on major corporate governance issues. The development of these dialogues and knowledge exchange promotes best practices which benefit the industry. This article includes a very […]
10 Essential Risk Management Videos – Part 2
In part 1 of this article I’ve included a series of relevant Risk Management videos, covering conceptual topics around investing with derivatives securities such as Forwards, Futures, Hedging, Hedging with Futures, Put/Call Options, etc. This article covers additional videos focusing on Risk and Reward concepts such as Systematic Risk (not to be confused with Systemic Risk), Total Risk, Portfolio Risk […]