Stressed Scenarios Event Risks: How to Handle Them
Understanding event risk is crucial for organizations navigating today’s unpredictable financial environment. This particular risk, arising from unanticipated incidents, can
Stressed Scenarios Event Risk: How to Minimize Problems
Understanding stressed scenarios event risk is essential in today’s unpredictable financial environment. These hypothetical situations assess the resilience of
AI Safety: What It Is and Why It Matters
AI safety is an essential multidisciplinary field focused on ensuring that advanced artificial intelligence systems operate in alignment with human
ILAAP: What Is It and How Does It Work?
The Internal Liquidity Adequacy Assessment Process (ILAAP) is a vital risk management framework that banks use to ensure sufficient liquidity
Australia APRA CPS 230: What’s the Impact on Operations?
APRA Operational Resilience CPS 230 is a vital prudential standard introduced by the Australian Prudential Regulation Authority (APRA), aimed at
AI Risk Appetite: What It Is and How to Define Yours
Navigating the AI Landscape: Defining Your Organization’s AI Risk Appetite Artificial intelligence (AI) has become a cornerstone of business
How to Thrive with APRA’s CPS 230 Operational Resilience in Australia?
Abstract In the ever-evolving realm of the Australian financial industry, institutions such as the Australian Prudential Regulation Authority (APRA) remain
What is CSRD Reporting for Small Businesses? Explained Simply
What is CSRD Reporting? CSRD (Corporate Sustainability Reporting Directive) is a framework that seeks to increase transparency and accountability in
PRA SS1/23 Model Risk Management: What are the Supervisory Expectations?
Within the financial industry, PRA SS1/23 is a key framework setting out supervisory expectations around effective model risk management. With
What are the Key Requirements of OSFI E-21 for Canadian Financial Institutions?
Background As part of the evolving financial services landscape, Canada’s Office of the Superintendent of Financial Institutions (OSFI) developed the