The PRiM Risk Newsletter, Issue No. 27
The PRiM Risk Newsletter, Issue No. 26
Citywire Wealth Manager
Bankers’ bonuses may hog the headlines, but the issue of remuneration cuts across the whole of the financial services sector. "This article outlines" the current challenges for the UK compliance community. This is the second edition in which Avantage Reply has contributed to the quarterly journal.
Iain Wright and Will German's article on how firms can manage regulatory risk was published in the first edition (Autumn 2010) of inCOMPLIANCE, the quarterly journal of the International Compliance Association. This article builds on a previous article which appeared in Compliance Monthly (May 2010). It provides advice for firms on how to implement and maintain control frameworks to deliver regulatory compliance including how firms can map the regulations that affect their business and how to use this map to develop practical working tools to manage regulatory risk.
Iain Wright and Will German's article on rules mapping is the feature article in the May edition of Compliance Monthly. This article is the first part of a two part series providing advice for firms on how to implement and maintain control frameworks to deliver regulatory compliance. This part covers how firms can map the regulations that affect their business. The second part (which will appear in the Compliance Monthly June issue) focuses on using this map to develop practical working tools to manage regulatory risk. This article draws upon examples and regulations applicable to the financial services sector; however, the principles and methodologies are relevant to firms in other industries.
Vincent Galand’s review of Pillar 3 requirements is this month’s featured AGEFI article (http://www.agefi.lu/). As well as outlining some practical issues of preparing and presenting the risk management disclosures required by Pillar 3; the article outlines industry practices in Luxembourg highlighting how banks have elected to address some of the challenges related to Part XIX of CSSF Circular 06/273.
PRiM Risk Newsletter
avantage’s article "Le défi de la gestion du risque de liquidité: comment répondre aux exigences de la circulaire CSSF 09/403?" on the challenges of liquidity risk management and the requirements of CSSF 09/403 appears in the September issue of AGEFI