Fusion Risk Management

NOVEMBER 19, 2024

The Prudential Regulation Authority (PRA), Bank of England (BoE), and Financial Conduct Authority (FCA) jointly issued stringent regulations to mitigate systemic risks and contain potential crises. Operational resilience transcends mere checklists; it is the outcome of effective operational risk management.

Resilience 59

Resilience Banking Vulnerability Crisis Management 59

LogisManager

MAY 9, 2023

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008.

Banking 98

Banking Risk Management Management Corporate Governance 98

Reciprocity

OCTOBER 7, 2024

Later scandals after the 2008 financial crisis also increased the importance of robust internal controls. Control Activities Control activities are the various procedures, approvals, verifications, reviews, and authorizations implemented to carry out proper risk responses.

Audit 52

Audit Corporate Governance Evaluation Activation 52

Reciprocity

OCTOBER 7, 2024

Later scandals after the 2008 financial crisis also increased the importance of robust internal controls. Control Activities Control activities are the various procedures, approvals, verifications, reviews, and authorizations implemented to carry out proper risk responses.

Audit 52

Audit Corporate Governance Evaluation Activation 52

LogisManager

JUNE 24, 2021

Keep reading to learn why ESG has become more important than ever, why companies should care about it, the challenges businesses are facing when it comes to ESG (and how to address those challenges) and ultimately why taking an Enterprise Risk Management approach to implementing and managing your ESG strategy is critical for success.

Government 59

Government Pandemic Banking Risk Management 59

Emergency Planning

OCTOBER 23, 2020

Since the start of the crisis, I have constantly affirmed that the key to understanding the effects of this pandemic is the UK Government's failure to give adequate weight to emergency planning and management (Alexander 2020a, 2020b). Plans were made in the UK in 2006, 2008, 2011 and 2014. I have taught it every year since then.

Civil Emergency 130

Civil Emergency Pandemic All-Hazards Logistics 130

Emergency Planning

JUNE 20, 2020

By 2008, the scenario was more or less complete, with the exception of the recovery phase, which has remained difficult to predict ever since (recovery from the 1918-1920 pandemic took about five years, but it included recovery from the First World War and it led into the Great Depression of 1929).

Emergency Planning 130

Emergency Planning Pandemic Logistics Vulnerability 130