Tags » ERM

Current Risk Appetite Best Practices

During the kick-off of the 2014 Enterprise Risk Management (ERM) Briefings Audio Conference Series, results of a joint survey that RMA recently conducted with Oliver Wyman were shared regarding risk appetite and current best practices. 293 more words

General

Ernst & Young Gets Real with Risk Managers - How Do You Know If Your Risk Program Does Anything

Ernst & Young released their 2014 Chief Risk Officers (CRO) survey examining trends in risk planning. Not surprising, a major trend is companies switching focus from reactive risk management to proactive risk planning, which BCS has  426 more words

Integrating Stress Testing into LRM

It is evident that liquidity stress testing is strongly interconnected with the other core components of the liquidity risk management (LRM) framework (such as RAS, funding strategy and balance sheet composition, contingent liquidity, liquid asset buffer, and CFP). 256 more words

General

Banish the Separative Approach to Risk Management

by Keith Monson

The recent financial crisis is slowly fading from our memories, yet its lasting effects continue on. One area that’s garnering increasing attention from regulators and examiners is risk management. 742 more words

Banking

Can Your Vendor Compliance Program Handle an Audit in 2014? One Might Be Coming.

Audit executives from several hundred organizations were surveyed in January to identify top emerging risks that audit teams at their companies would be focused on in 2014.  253 more words

Cyber Liability Price Hike Leaves Retailers Feeling the Pinch

As a result of Target’s major data breach last year, insurance carriers are lowering coverage limits offering and raising prices on cyber liability coverage.

The Target data breach exposed personal information of 70 million+ Target customers and has resulted in numerous lawsuits against the retailer. 114 more words