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The Treasury function of all corporations is a key management unit of the organization. It is responsible for managing an entity’s liquidity risk, funding and interest rate risk as well it may also be charged with managing the entity’s foreign currency risk an ...
All too often, people are confused or misunderstand as to what is Risk Management and what is Compliance. Most companies have both a Risk Management function and a Compliance function. For these functions to be effectively chartered in a company, it is importa ...
All firms and persons acting in a fiduciary capacity with respect to a function they perform must fully understand the duties and responsibilities of serving in a fiduciary capacity, what constitutes fiduciary failure and the consequences of such failure. It is there ...
US bank regulators have continued to enhance their oversight of the major areas of risks to banks. The major risk evaluation and rating programs that have been introduced are: CAMELS, CCAR and CLAR. This presentation provides for a thorough review and understanding ...
SR Letter 11-7 has become the premier standard for model risk management, with its principles being adopted not only by banks but also by virtually all U.S. financial institutions. It addresses model construction, validation and usage. It goes on to review model mana ...
All investors and firms managing money or providing investment advice are subject to investment performance risk. Investment performance risk is the result of the performance of an investment portfolio or investment product being substandard or perceived to be subst ...
Treasury management is a critical aspect of all operating entities, but the Treasury function within a bank is particularly important given a bank’s funding dependencies and complexities, its liquidity requirements and its exposure to interest rates. The responsi ...
Risk is present in all businesses. The ability to identify the potential cause of a risk event occurring and take corrective action is critical to the risk management of a business or any operating entity. The cause of a risk is typically the result of the presence o ...