Day 2 starts with rain in Toronto. There was a minor protest yesterday afternoon for people protesting that they had nothing important to protest. Or maybe they were protesting poverty. One guy was busted by a cop on a bike for having some pot. I counted at least 100 cops on my walk down to [...]
Posts Tagged ‘operational risk’
G20 update – Day 2
Posted in Uncategorized, tagged BCP, enterprise risk, G20, operational risk, zombie on June 22, 2010 | Leave a Comment »
RiskCenter: Operational Risk – SEC Approves Enhanced Disclosure about Risk, Compensation and Corporate Governance
Posted in Risk management, Thought Leadership, tagged board, disclosure, ERM, operational risk, risk management, RiskCenter, SEC on December 17, 2009 | Leave a Comment »
December 17: Operational Risk – SEC Approves Enhanced Disclosure about Risk, Compensation and Corporate Governance Courtesy of RiskCenter.com http://www.riskcenter.com/story.php?id=19377 Location: Washington, DC Author: RiskCenter Staff Date: Thursday, December 17, 2009 The Securities and Exchange Commission today approved rules to enhance the information provided to shareholders so they are better able to evaluate the leadership of [...]
Tim Leech writes about the actuaries approach to operational risk
Posted in Frameworks, League of Extraordinary Risk Gentlemen, Thought Leadership, tagged actuaries, Norman Marks, operational risk, Tim Leech on December 10, 2009 | Leave a Comment »
I am posting the link to Tim Leech’s commentary about the paper titled A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis. If you are not following @LeechGRC on Twitter or read theiia.org, you will likely miss it. And you should read what Tim has to say. He [...]
My rant on quantifying operational risk
Posted in ERM Basics, My Opinions, tagged ERM, operational risk on December 10, 2009 | 4 Comments »
Earlier I published a post about actuaries and operational risk. Today I am in a ranting sort of mood so here’s my thoughts on quantifying operational risk. I am not a huge proponent of the quant when operational risk is concerned. I’ve said it before, that risk management is more about people and processes and [...]
Actuaries talk about operational risk
Posted in Risk management, Thought Leadership, tagged actuaries, ERM, operational risk, quantify, risk management on December 10, 2009 | 1 Comment »
The actuaries have issued a pretty decent document titled A New Approach for Managing Operational Risk which combines the basic risk management content for newbies with the right about of quant-type stuff. The document also makes some interesting distinctions between traditional and modern operational risk management and is worth a look. http://riskczar.files.wordpress.com/2009/12/a-new-approach-for-managing-operational-risk_actuaries-riskczar.pdf I am not [...]
Slywotzky on Strategic Risks
Posted in ERM Basics, Frameworks, tagged 31000, financial risk, operational risk, Slywotzky on August 27, 2009 | Leave a Comment »
Once again, a must read for anyone who considers themselves a risk professional because they can memorize ISO 31000. (Sarcasm.) Slywotzky describes more dangerous strategic risks like project risk, customer risk and transition risk that should be addressed, while unfortunately traditional risk managers only focus on business risks like hazards, financial risks and operating risks. [...]
