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Market Risk and Internal Models Approach (IMA)

IMA is finally here in India. RBI has issued guidelines for formal application process with respect to IMA. Banks now need to take a call whether they would like to go for IMA or continue with SMM. All of this depends on the individual bank's Business case, its existing infrastructure and its overall prepardeness for such migration.

Risk Solutions for Banks

The likely problem

1. Banks in India, especially National and Government supported banks, have a
very large network of branches across which business is conducted. These
branches operate using Corporate business policies and procedures that were
drafted many years ago and are using technologies that are either old or
patched.

Intra Day Liquidity Risk Management

Often vendors are called for whenever there is a requirement for implementation of a risk management system. We would like to discuss some of the key features of a tool that can help in management of Liquidity risk.

Risk Management Challenges Today

Indian companies are today facing challenges they have never faced before. A multitude of regulatory changes, immense competition, black swan events, deep recession and so on. Taking on these challenges is the need of the hour. Companies are today looking to make a change in the fundamental ways of doing their business. One of these changes is to strengthen or introduce effective risk management

All companies need to be prepared to take on the emerging risks and challenges that cannot be well defined.

Commodity Risk Management

Manoj Jain- Co-Founder and Director was invited as a panelist for the seminar "Commodity Risk Management for Indian Banks" organised by CII.

Anti Money Laundering (AML) and KYC - E Learning - India

Every training channel has its advantages and disadvantages. Today, we will evaluate how AML E Learning can be an effective tool to manage money laundering.

Firstly, it is important to understand why Banks are at risk from money launderers. The biggest risk is the willingness of the Bank to prevent money laundering. Taking a few cases of international banks, these Banks knowingly allowed money laundering primarily with a business objective of earning larger profits from these transactions. It was a strategic decision.

Pricing Services in Public Sector versus private Sector

a. It is usually more difficult to compare services to a product and the guidelines for Procurement of Services is a problem in PSU's and Govt. purchase not only in India but across the world. In fact this in itself is a HUGE risk as the Services Sector now approaches or exceeds 50% - as opposed to Manufacturing and Agriculture - in most Economies including India.

Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank - Running A Huge Nation-wide Money Laundering

Cobrapost's Shocking Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket “
(www.cobrapost.com )

While we have not verified the truth in the above instance, the latest development relating to Anti-Money Laundering, KYC violations is a real cause of concern.

Regulation Takes a breath

Things are not so solvent in Basel. In other words, Solvency II and Basel III are both likely to get delayed compared with original timelines.

"The European Commission (EC), regulatory agency for the European Union (EU), announced on December 3 that it will not comply with a previously-established deadline for Basel III adoption of January 1, 2013."

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