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From risk to growth


The growth of the financial services sector is fuelled by the country’s credentials in reputation and trust – and one area which contributes to these qualities is a risk-based approach. 
Last year, the Malta Financial Services Authority (MFSA) published two documents, outlining its risk culture and appetite, as well as its risk-based approach to supervision. These statements reflect a drive to position risk management at the heart of the MFSA’s supervisory strategy, resources and processes, clearly defining the MFSA’s risk approach and acceptable risk thresholds.
“The MFSA’s risk appetite sets the tone for its decisions across the organisation, as it remains continuously vigilant of the risks that lie ahead or emerge over time and takes pro-active and timely measures to mitigate them, also in the interest of its end user: the consumer.” said MFSA’s Head of Risk Franco Borg.  ....

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Risk Culture in India's Financial Sector: A Long Way to Go


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The pandemic continues to shake up the world, with several countries remaining in lock-down. Even in India, where there is a dramatic fall of the COVID-19 cases tending to zero deaths, we see its ugly head rising in quite a few parts Kerala, Karnataka, and Maharashtra and thousands of dogs died due to the virus hitting them in West Bengal. No one knows the end of it. The vaccines are moving fast and over 10 million of people received the first dose and half of them, the second dose too. The risks of the pandemic have spread to all sectors and the financial sector is the worst affected. It could have been minimised in the financial sector, had there been a risk culture in the system. ....

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„Polizeiruf 110"-Vorschau: „Monstermutter": Ein Fall mit hohem Risiko - Kultur

„Polizeiruf 110"-Vorschau: „Monstermutter": Ein Fall mit hohem Risiko - Kultur
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