ERM Best Practices Book
Success Stories: Public Entities Adopt ERM Best Practices
by Kristina Narvaez
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Category Archives: Financial Risk
Final Report from Commission on Financial Crisis
At long last, the Financial Crisis Inquiry Commission released its final report today on the causes of the great financial crisis of 2008. Unfortunately, the report probably raises more questions than answers due to the fact that the commission was … Continue reading
Posted in Financial Risk
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Viewpoints of Risk Management Have Changed
Viewpoints on the practice of risk management have changed dramatically over the past several years. The financial crisis of 2008 as well as other high-profile catastrophes like the Gulf Oil Spill have forced companies and boards to re-examine how they … Continue reading
Posted in Financial Risk, Risk Governance
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Missed Opportunity With Stress Tests
When the Federal Reserve Bank (“FRB” or “Fed”) conducted stress tests of the 19 largest financial institutions back in 2009, many viewed it primarily as an exercise to restore the public’s faith in the financial system. Now that the FRB has … Continue reading
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AIG’s Plan to Exit U.S. Ownership
Oct. 15 (Bloomberg) — “American International Group Inc.’s plan to exit U.S. ownership includes a new $2 billion backstop from the Treasury Department after credit raters said the company may need emergency capital as it regains independence. The funds will … Continue reading
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SEC Issues New Disclosure Rules For Companies To Reduce Debt Levels
According to a report today in the Wall Street Journal, the Securities and Exchange Commission is set to issue new disclosure rules for companies looking to reduce debt levels at the end of each quarter simply for reporting purposes. Inquiries … Continue reading
Posted in Financial Risk
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