Risk Management

Turning Compliance into Competitive Edge: The Future of Regtech Unleashed!

Navigating the lanes of logistics with Chander Agarwal

Investors beware! Four risks that can trigger a stock market correction

The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note

Sebi forms panel to review ownership, economic structure of clearing corps

Capital markets regulator Sebi on Tuesday said it has set up a committee to review the ownership and economic structure of clearing corporations and suggest measures to ensure that clearing corporations function as resilient, independent, and neutral risk managers. The ad-hoc committee would be chaired by Usha Thorat, former Deputy Governor of the Reserve Bank of India (RBI). The decision has been taken in the wake of the substantial growth of Indian securities markets in recent years and the importance of clearing corporations as central risk management institutions. In a statement, Sebi said that the committee has been entrusted with the task of reviewing ownership structure as well as finances of clearing corporations. With regards to ownership structure, the committee will examine the feasibility, and broadening the list of eligible investors, who are allowed to take shareholding in a clearing corporation and suggest categories of investors who can acquire stakes in such ...

Exploring real estate investment opportunities abroad? Know key risks here

From a financial standpoint, the allure of diversifying, tax benefits, capital appreciation, and enjoying favourable rental yields serves as compelling incentive for investment in real estate

RBI issues guidance note on operational risk management, resilience

The RBI said all REs must perform a risk assessment and due diligence before entering into any arrangements with third parties or external entities

Risk management: The next hot career choice

Weather risk emerges on radar of insurance industry after $70 billion hit

The development is forcing the industry to rethink some of its risk assumptions amid a clear uptick in the number of thunderstorms across Europe

RBI plans to bar outsourcing of know-your customer compliance norms

REs have been instructed to ensure that DSA, DMA, and Recovery Agents are adequately trained to handle their responsibilities with care and sensitivity

Risk management platform Effectiv raises $4.5 mn capital in seed funding

Real-time fraud and risk management platform Effectiv on Wednesday said it has secured an additional USD 4.5-million capital in seed funding. It will be used to accelerate the company's growth in helping organisations fight financial fraud, it said. The latest funding round was led by Better Tomorrow Ventures and participation from Accel and angel investors. "Our product has resonated with our partners, especially when fraud is at an all-time high. We also recognise that the financial world is rapidly digitising, changing how consumers and organisations interact. "At the same time, advanced generative AI technologies are attacking organisations at a scale we have never seen," its CEO Ravi Sandepudi said. The platform -- which provides AI-driven solutions like payment fraud detection, customer and business onboarding verification and compliance management -- said it has experienced rapid growth since launching in 2022. The company has helped organisations process more than USD 27

In age of artificial intelligence, traditional rules spur risk decisions

Banks were exploring options to leverage AI-ML technology in credit risks for at least the last five years

RBI Dy Guv calls for better risk management, governance at banks

The RBI has been urging banks to adopt effective risk management practices and strengthen their governance standards to avoid financial instability

Banks seek one more year to prepare for ECL reporting on stressed assets

Banking regulator has indicated five-year glide path for shift to new system

Portfolio, risk manager among highest paid jobs in BFSI sector: Report

Portfolio manager and risk manager were among highest paid job roles in the BFSI sector, which witnessed a 53 per cent growth in job postings during February 2020-2023, according to a report on Thursday. The highest paying job roles in the Banking, Financial Services and Insurance (BFSI) sector were portfolio manager, risk manager and investment banking analyst earning a yearly median salary of Rs 11,50,000, Rs 9,00,000 and Rs 7,00,000, respectively, a report by global job site Indeed said. During the February 2020-2023 period, some of the other job roles that featured in the top 10 list of highest salaries include finance manager, wealth manager and credit manager, it added. The report is based on an analysis on data from Indeed site during February 2020-February 2023. Further, the data revealed that the top five job roles with the highest percentage of job postings are bank officer (11.29 per cent), loan officer (5.27 per cent), financial analyst (4.46 per cent), finance manager

Regulatory changes may bring new dawn for insurers: BFSI Summit panelists

Globally, insurance is moving to a risk management and a risk service business. India also has to do the same

IRM India Affiliate, Ultratech to bolster risk-readiness in cement sector

The two will be organising webinars, roundtables, industry meetings, and thought leadership articles towards knowledge building for the sector

Dollar slips as risk sentiment improves among investors after Fed minutes

The US dollar was broadly weaker on Thursday as investors, encouraged prospect of a slower pace of interest rate hikes from the federal reserve, placed bets on riskier assets

ICAI CA November 2022 PQC-IRM exam postponed; check revised schedule

ICAI CA November 2022 PQC-IRM exam postponed. Candidates can check the revised schedule on the official website of ICAI- icai.org

System-generated examination orders for B/E introduced

Under the new procedure, after processing BE data, Risk Management System (RMS) will generate a consolidated examination order for each selected BE based on potential risks.

Mitigating farm risk: Finance can be more helpful than agri economists

The financial markets have more-or-less stamped out uncertainty, and that can offer a lesson for reducing agricultural risk