Risk management

382 records

No records

Climate Change: The Challenges for Institutional Investors and Regulators

TC webcast on climate change and its impact on global capital markets

Toronto Centre executive panel video discusses climate change and its impact on global financial markets.

Publisher: Toronto Centre Release date: Dec 2017

Type: TC Videos

Topics: Climate change , Risk management, Cyber risk, Operational risk, FinTech

Sectors: Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities

Own Risk and Solvency Assessment

OSFI guideline sets out its expectations with respect to ORSA undertaken by insurers

Office of the Superintendent of Financial Institutions of Canada guideline sets out expectations with respect to the Own Risk and Solvency Assessment (ORSA) of insurers. Insurers are expected to have processes in place to conduct an ORSA that is proportionate to the nature, scale and complexity of their business and risk profile.

Publisher: National Regulators Release date: Dec 2017

Type: Guideline

Peer: Life Insurance Capital Adequacy Test , Regulatory Capital and Internal Capital Targets

Topics: Capital adequacy, Risk management, Corporate governance

Sectors: Insurance

Guidelines on PD Estimation, LGD Estimation and Treatment of Defaulted Exposure

EBA guidelines on estimation of risk parameters for non-defaulted credit exposures under IRB

European Banking Authority guidelines on the definitions and modelling techniques used in the estimation of risk parameters for both non-defaulted and defaulted exposures when using the Internal Ratings-Based (IRB) to measuring credit risk. Provides guidance on estimation of risk parameters for non-defaulted credit exposures, namely of the probability of default (PD) and the loss given default (LGD), and on the treatment of defaulted exposures. Guidelines aim to restore market participants' trust in internal models by reducing the unjustified variability in their outcomes, ensuring comparability of risk estimates while at the same time preserving risk sensitivity of capital requirements.

Publisher: Regional Standard-Setting Bodies Release date: Nov 2017

Type: Guideline

Topics: Risk management

Sectors: Banking

OECD Guidelines on Insurer Governance

OECD updated guidelines on corporate governance of insurers

Organisation for Economic Co-operation and Development updated guidelines on insurer governance. Key updates address: i) related party transactions at the group level; ii) disclosure of policies related to ethics, business conduct, conflicts of interest, and other issues; iii) disclosure regarding the roles of the Chairperson and CEO; and iv) promotion of diversity on boards.

Publisher: International Organizations Release date: Nov 2017

Type: Guideline

Topics: Corporate governance, Risk management, Gender equality, Transparency and disclosure

Sectors: Insurance

Insurance Core Principles 8, 15 and 16

IAIS consultation on proposed revisions to the ICPs and integration of ComFrame-related materials into the ICPs

International Association of Insurance Supervisors consultation sets out proposed revisions to Insurance Core Principles (ICPs), addressing characteristics of supervisory agencies: ICP 8 (Risk Management and Internal Controls), ICP 15 (Investments), and ICP 16 (Enterprise Risk Management for Solvency Purposes). Proposes to integrate elements of the Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame), which sets out standards and guidance specific to the supervision of internationally active insurance groups, into relevant ICPs.

Publisher: Global Standard-Setting Bodies Release date: Nov 2017

Type: Consultative, discussion and issues paper

Parent: Insurance Core Principles

Topics: Capital adequacy, Conduct, Systemically important financial institutions (SIFIs), Risk management

Sectors: Insurance

Deadline for comments: Jan 2018

Technology: New Challenges and Tools for Financial Supervision

TC Spanish-language webcast on the transformative effect of technology on the financial services industry and supervision

Toronto Centre Spanish-language webcast focuses on how technological innovation is transforming the financial services industry and its supervision. Discusses how the development of digital financial services is advancing the financial inclusion objectives through creating new challenges and new sources of risks, and how technology is bringing new tools that support the monitoring of risks and compliance work carried out by supervisors.

Publisher: Toronto Centre Release date: Oct 2017

Type: TC Videos

Topics: Operational risk, Risk management, Compliance function, Supervisory framework

Sectors: Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities

Identification and Management of Step-in Risk

BCBS guidelines on banks' potential support to unconsolidated entities to which they are connected

Basel Committee on Banking Supervision standards to identify, assess and address so-called "step-in risk" potentially embedded in banks' relationships with unconsolidated entities they have created or sponsored, such as securitization conduits, structured investment vehicles and money market funds. Provides a detailed identification method for step-in risk where a bank might provide financial support in order to protect itself from adverse reputational risk stemming from its connections to the entities. Also sets out the appropriate supervisory responses to step-in risk.

Publisher: Global Standard-Setting Bodies Release date: Oct 2017

Type: Guideline

Topics: Shadow banking, Risk management, Securitization

Sectors: Banking

The Future of Risk Management in the Digital Era

McKinsey and IIF report on banks' views on the impact of digitization on their risk management functions

McKinsey & Company and Institute of International Finance report based on a survey of banks to determine views on the impact of digitization on the risk management function's mandate, role and organization; the capabilities, talent, culture and ways of working required to deliver a digitized risk function; how to embark on a transformation program that digitizes the risk function; and what impact such a transformation would have. Describes the key drivers that make change necessary and lays out a longer-term vision, as well as shorter-term, more practical initiatives observed at numerous institutions that are already having an impact by digitizing risk management.

Publisher: Others Release date: Oct 2017

Type: Consultative, discussion and issues paper

Topics: Operational risk, Risk management, FinTech

Sectors: Banking

Enterprise-Wide Model Risk Management for Deposit-Taking Institutions

OSFI guideline on its expectations for policies and practices for enterprise-wide model risk management frameworks

Office of the Superintendent of Financial Institutions of Canada guideline establishes a common baseline understanding of OSFI's expectations of banks around the use of models enterprise-wide. Outlines prudent practices for internal model development, review, approval, use and modificationw and is applicable to all models that have a material impact on the bank's risk. Sets out expectations for banks to establish sound policies and practices for an enterprise-wide model risk management framework.

Publisher: National Regulators Release date: Sep 2017 Country: Canada

Type: Guideline

Topics: Risk management, Corporate governance

Sectors: Banking

Regulatory Approaches to Enhance Banks' Cyber-Security Frameworks

BIS paper analyzes regulatory approaches to banks' cyber-risk in Hong Kong SAR, Singapore, United Kingdom and United States

Bank for International Settlements analysis suggest that some common regulatory requirements are now emerging, and supervisory approaches to assessing banks' cyber-risk vulnerability and resilience seem to be converging towards a "threat-informed" or "intelligence-led" framework. Offers high-level policy considerations, which may be helpful for bank supervisors contemplating or planning to introduce or enhance cyber-risk regulation and supervision.

Publisher: International Organizations Release date: Aug 2017

Type: Consultative, discussion and issues paper

Topics: Operational risk, Supervisory framework, Risk management, Cyber risk

Sectors: Banking

Display # Page 3 of 17 Total: 166

Start
Prev
1
2
3
4
5
6
7
8
9
10
Next
End

Resources

382 records

Climate Change: The Challenges for Institutional Investors and Regulators

Own Risk and Solvency Assessment

Guidelines on PD Estimation, LGD Estimation and Treatment of Defaulted Exposure

OECD Guidelines on Insurer Governance

Insurance Core Principles 8, 15 and 16

Technology: New Challenges and Tools for Financial Supervision

Identification and Management of Step-in Risk

The Future of Risk Management in the Digital Era

Enterprise-Wide Model Risk Management for Deposit-Taking Institutions

Regulatory Approaches to Enhance Banks' Cyber-Security Frameworks

Browse by Category

TC Notes

Sector

Topic

Country

Resource Type

Year Released

Publisher Type