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Conduct Risk When Compliance Becomes A Game

Conduct Risk When Compliance Becomes A Game Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This whitepaper explores contrasting views of risk and the various categories of compliance games, to explain why many conduct risk controls have …
Last updated: 23 Dec 2020
ERM Resource

Conduct Risk - Developing and Maintaining an effective framework

Conduct Risk - Developing and Maintaining an effective framework Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 The Conduct of Business rules, (including COBS, ICOBS, MCOB and BCOBS sourcebooks) provide specific requirements which firms must meet; …
Last updated: 30 Nov 2016
ERM Resource

Conduct Risk- An ever growing area of focus for the FSA

Conduct Risk- An ever growing area of focus for the FSA Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This article looks at the key components of Conduct Risk today, which are namely: - TCF as the back-drop - The FSA Core Conduct Programme core …
Last updated: 30 Nov 2016
ERM Resource

Model Risk and Its Control

Model Risk and Its Control Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 In this paper, we analyze model risks separately in pricing models and risk measurement models as follows. (1) In pricing models, model risk is defined as the risk arising …
Last updated: 30 Nov 2016
ERM Resource

Model risk mitigation and cost reduction through effective design

Model risk mitigation and cost reduction through effective design Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 The purpose of this paper is to shed light on how certain design choices in the model development process - in particular, choices in …
Last updated: 30 Nov 2016
ERM Resource

Model risk mitigation and cost reduction through effective documentation

Model risk mitigation and cost reduction through effective documentation Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This, A Closer Look, is the second in a series providing recommendations on mitigating model risks and improving the efficiency …
Last updated: 30 Nov 2016
ERM Resource

Model Risk of Risk Models

Model Risk of Risk Models Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This paper evaluates the model risk of models used for forecasting systemic and market risk. Model risk, which is the potential for different models to provide inconsistent …
Last updated: 30 Nov 2016
ERM Resource

Emerging Risk: An Integrated Framework for Managing Extreme Events

Emerging Risk: An Integrated Framework for Managing Extreme Events Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Today?s complex, interconnected global environment has created borderless risk that is capable of rapidly spreading across …
Last updated: 30 Nov 2016
ERM Resource

Maintain the best features of Biggert-Waters

Maintain the best features of Biggert-Waters Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 The 2012 Biggert-Waters Flood Insurance Reform Act (BW12) is a bold step by Congress to reform the federally run National Flood Insurance Program (NFIP). …
Last updated: 30 Nov 2016