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Thursday, 20 June 2013

Not managing your risks? You could end up in jail

A United Kingdom Parliamentary Commission has recommended that senior bankers be jailed for reckless management practices and that includes messing up on risk management.

The 571-page report from the Parliamentary Commission on Banking Standards pulls no punches as it sets out a list of reforms to an industry that has lost the trust of the British public in the wake of a series of damaging scandals, from Libor-rigging to misselling banking products.

We have two Operations Risk Management courses coming up; one in Tel Aviv in July and in Hong Kong in August. 

This 2-day intensive training course provides a complete structured package covering all aspects of Operational Risk. The course will enable participants to prepare and manage the planning and implementation of operational risk management processes in their bank/ financial institution or firm.