Is ERM impossible or can technology platforms help you take control?
by Kylene Casanova
Enterprise Risk Management can be used to drive significant shareholder value if……
Risk Management
Background
Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others.…
Read more‘Boilerplate’ disclosures and poor metrics hinder understanding of sustainability risks
by Kylene Casanova
US companies are taking a minimally compliant approach to sustainability disclosure, providing the market with information that is inadequate for making investment decisions, says the SASB
Now more than ever, NPLs are key risk to EU banking sector
by Kylene Casanova
On Friday the European Banking Authority (EBA) published a timely report on the risk and vulnerabilities in the EU banking sector, identifying non-performing loans (NPLs) as a key challenge.
EC strengthens regulation of commodities markets under MiFID II
by Kylene Casanova
Proposals under MiFID II to strengthen the regulation of commodities markets, curb price speculation and regulate companies in these markets have been announced by the Commission.
Tough questions for treasurers: study on risk and regulation
by Kylene Casanova
More than two-fifths of treasury and finance professionals are concerned that their risk management performance is mediocre or poor, according to a study by Fidelity Information Services.
EU introduces rules to safeguard against clearing house failure
by Kylene Casanova
The EU has proposed rules aimed at strengthening Europe's financial system further and protecting taxpayers by providing for the resolution and recovery of central counterparties.
New FX tools for monitoring RMB risk
by Kylene Casanova
This Thomson Reuters report describes the development of the yuan into an international trade currency, underlining the need for a group of indices to monitor and hedge RMB movements.
Problems facing banks go far beyond regulation – BIS
by Kylene Casanova
Banks facing array of challenges including risk perception following financial crisis, borrowing costs, investor scepticism and falling share prices.
The impact of Trumponomics
by Kylene Casanova
Much is being written and said about how a Trump presidency will affect the US and global economy. Here is a little overview of recent views being aired in the financial media.
What risks does blockchain technology present?
by Kylene Casanova
Research suggests that distributed ledger technology could pose some serious risks and threats to personal data privacy and could be vulnerable to denial of service or other cyber attacks.
Find the real FX and commodity exposures in your ERP systems and then manage them
by Kylene Casanova
Redhat goes live with AtlasFX’s Cloud Risk Management and Analytics Solution to improve FX their currency risk management programme
How blockchain could help supply chain dispute resolution
by Kylene Casanova
Forbes reports on IBM's progress in harnessing distributed ledger technology (DLT) to enable companies to communicate safely and immediately to resolve trade disputes.
Cyber risk a bigger threat to economy than Trump presidency
by Kylene Casanova
A survey has shown that the top systemic threat to the global financial system is cyber risk, while the outcome of today's presidential election in the US came second.
Companies are Sinking in Risk: Thomson Reuters 2016 Global Third Party Risk Survey
by Kylene Casanova
Many companies are struggling to monitor risks posed by their suppliers, distributors and partners AND, due to business pressures, many respondents would not report regulatory breaches
Disclosure of climate-related financial risks isn’t enough
by Kylene Casanova
Climate risk is increasingly being considered as a key area of financial risk management and reporting for companies. Is this approach simply perpetuating the problem?
EC calls for sustainable finance experts to form advisory group
by Kylene Casanova
The European Commission has announced it will set up a high level expert group on sustainable finance, as part of its Capital Markets Union strategy.
Renminbi increasingly used for trade with China/HK
by Kylene Casanova
Seven countries began to use the renminbi for more than 10 per cent of their direct payments (by value) with China and Hong Kong in the two years from October 2014 to September 2016.
The future of bank risk management – EY survey
by Kylene Casanova
A report on bank risk management looks at the transformation in the banking sector eight years after the 2008 financial crisis, which saw the demise of several banks and the bailout of others.
Eight risks ‘at tipping point’ that corporate treasurers have to tackle
by Kylene Casanova
These risks are all an unknown quantity. So if we can't measure them, how can treasurers react and prepare? An 11-person panel at EuroFinance's International Treasury conference discussed how.
ESMA seeks to consolidate MiFID rules on trading halts in volatile markets
by Kylene Casanova
European markets could make more use of trading halts if there is significant price movement in a related market, following a public consultation announced by ESMA.
EC adopts rules to mitigate risks in OTC derivatives
by Kylene Casanova
New rules set out the levels and types of collateral that OTC derivatives counterparties must exchange bilaterally if the transaction is not cleared through a central clearing counterparty (CCP).
Counterparty risk and non-payment is main credit worry for treasurers
by Kylene Casanova
Counterparty risk is a top concern for treasurers and one major problem is concentrated exposure to a small number of businesses.
Corporate treasurers: is it time you hedged climate risk?
by Kylene Casanova
Two recent news stories suggest that treasury professionals should be seriously considering the impact of climate change risks – and incorporating these risks into their financial risk framework.
“Markets recovered quickly from shock of Brexit vote” - BIS Quarterly Review
by Kylene Casanova
Financial markets have recovered quickly from the shock of the Brexit vote, partly due to actions by central banks, according to the Bank for International Settlements (BIS).