Chief risk officers in Canada and the U.S. are the most confident that their firms’ risk-management programs are effective, Deloitte survey finds
The guideline calls for firms to integrate operational risk management fully within their overall risk-management programs
Finance considers framework to protect taxpayers from bank bailouts
New guideline requires firms to establish an enterprise-wide framework of regulatory risk management controls
Despite some progress, current assessment practices for counterparty risk fails to meet regulators’ expectations
Banks are placing a higher emphasis on reputation and operational risk, according to Ernst & Young and IIF
Understanding risk is key to staying invested
An effective risk based branch office inspection program can better protect investors and the firm’s own interests
Avoid scandals by having compensation programs in place to encourage appropriate behaviour, along with enforcement procedures to discourage wrongful behaviour
Global Institute in Risk Management intended to boost Canada’s financial services reputation