 | Editor's Letter - Time to take responsibility?: Is it time for financial institutions to start taking responsibility for their actions? News: Analysis of the major risk-related news stories of the past few weeks, including a new report from the UK’s Insurance Taskforce and the true cost of financial crime. If You Ask Me : Risk and Control Assessment: A Piece of Cake?: Operational risk expert Seda Karaman explains why risk and control assessments should be like baking a birthday cake. Regulatory Update: An update on recent regulatory developments, including a warning from UK regulators for spread-bet firms and a new CEO takes the helm at the FCA. The Fourth Dimension of Financial Crime: As links between organisations and vendors become increasingly complex, the way in which we manage this area of risk must also evolve. Tom Turner reports. Spotlight - Iran is Open, Now What?: What will the lifting of sanctions on Iran mean for economic risk and political relations? Lina Tayara looks at the risks and opportunities for firms looking to do business in Iran. How To... Develop an Effective Insider Threat Programme: As insider threats become an increasing risk for businesses, expert Michael Theis uses his wealth of experience to provide a step-by-step guide on how firms can protect themselves. Sharing Scenarios - Falsified or Fictitious Financial Information: This month, the scenario explores the impact of a client or customer providing falsified, fictitious, incomplete or misleading financial information to the firm. Looking Ahead: Risk 2016 And Beyond: As the annual risk reports are released in their droves, Carrie Cook reviews what some of the leading publications say about the risk landscape for 2016. Risk Classifications - Fraudulent Internal Credit Application for an Existing Customer: RiskBusiness’ Mike Finlay takes a look at a risk category which combines customer or client identify theft with credit fraud – a fraudulent credit facility application by an employee against an existing customer or client’s name. Dear CEO: Every month an anonymous chief risk officer of a financial services firm writes a letter to his CEO detailing some of the issues he has always wanted to raise. |
