http://www.riskmanagementmagazine.com.au/RSS/ Updated every minute of every day en-us Copyright: (C) Reed Business Information http://www.riskmanagementmagazine.com.au/articles/39/0C057B39.asp The ASX has warned listed companies they need to prepare to report soon on their risk management policies and internal controls or explain why they haven’t. Fri, 20 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/60/0C057A60.asp THE AUSTRALIAN Risk Policy Institute (ARPI) says it makes sense for professional bodies focused on different aspects of governance should work together as the roles and objectives of their members increasingly overlap. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/84/0C057784.asp Risky business June 08 Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/5D/0C05775D.asp DESPITE ACTUAL payments fraud figures remaining low here, you can understand why bankers are feeling a little vulnerable these days if the scary figures from a plethora of “malware” reports are anything to go on. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/56/0C057756.asp SHARP INCREASES in the price of basic items like food and fuel will likely have a much greater impact on Asia than the credit tightening and economic slowdown affecting other parts of the world, according to the Australian Government’s export credit agency. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/29/0C057729.asp Well it seems the perfect storm has arrived – good news for newspaper editors and insolvency lawyers, too bad for everyone else Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/07/0C057707.asp THE FEDERAL Government has proposed wide-ranging reforms that will transfer most regulation of the credit providers to the Commonwealth. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/B3/0C0576B3.asp ALL THREE of the major credit rating agencies will get access to more detailed information on loan pools backing up residential mortgage backed securities (RMBS) and change the way they are paid by clients in a deal brokered by the New York Attorney-General. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/9B/0C05769B.asp Anthony Asher, Simon Webb and Andrew Doughman analyse the credit crisis and give their prescription for maintaining the flow Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/95/0C057695.asp STANDARD & POOR’S plan to add enterprise risk management analysis to its ratings for the non-financial sector has drawn a mixed response, but some say this aspect of ratings must be advanced in the present market turmoil – not least to repair the rating agencies’ bruised reputations. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/F9/0C0575F9.asp THE INSURANCE industry is partly blaming itself for the level of underinsurance for personal and life cover in Australia, but has also pointed the finger at compliance requirements. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/33/0C057533.asp GOOD RISK management policy and improving attitudes to fraud rather than tougher authentication solutions is the biggest change that needs to occur to improve online security, says fraud specialist Frank Abagnale. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/32/0C057532.asp What is this GRC thing, asks Todd Davies. Where did it come from, and why should I care? Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/31/0C057531.asp The Risk & Insurance Management Society risk maturity model defines seven attributes that are like milestones on the road to excellence in enterprise risk management. Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/30/0C057530.asp New risk management ideas will only be put into practice by professionals who understand well enough the theories, says Jean-Paul Louisot Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/2F/0C05752F.asp Australian banks finally began introducing tougher authentication over the past few years, and are now making their first forays into biometrics. But Shaun Drummond finds banks are responding more to customer inconvenience, and perceptions of risk rather than actual losses Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/0F/0C05750F.asp Ultimately banks may require more help from government and other industries to combat fraud effectively, says bank risk adviser David Leach Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/B4/0C0574B4.asp Neal Hornsby gives his insights into how financial institutions can – with a minimum of effort – ensure their compliance plan stays relevant Thu, 19 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/53/0C057253.asp RAISING RATHER than lowering premiums, and setting minimum financial targets and underwriting standards is a better strategy for retaining market share in the long term, says a major insurer. Mon, 2 Jun 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/DB/0C0571DB.asp THE VALUE of fraudulent transactions in Australia has remained steady at relatively low levels, but continues to rise for credit and charge cards, particularly for online, phone, mail or fax transactions. Fri, 30 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/2E/0C056D2E.asp THE FEDERAL Government launched a survey of 600 directors at the top-200 companies listed on the Australian Securities Exchange last month in an effort to assess claims that directors were becoming too risk averse. Wed, 21 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/1E/0C056D1E.asp THE MEMBERSHIP of the peak body representing the mortgage broking industry is likely to drop as it faces tougher regulation, reduced commissions and pressure to improve efficiency in the wake of the sub-prime credit crisis. Wed, 21 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/F7/0C056CF7.asp THE COMMONWEALTH Bank has for the first time appointed a head of risk management to be part of the executive team and report directly to the CEO. Wed, 21 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/61/0C056B61.asp THE FEDERAL Government has pledged more than $42.6 million over the next four years in this year’s budget for disaster mitigation and for further studies into risk management strategies. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/03/0C056A03.asp Risky Business: May 08 Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/BC/0C0569BC.asp AUSTRAC’S GENERAL manager of compliance and enforcement, Dr Darryl Roberts, updated delegates at the ACI forum on the regulatory body’s progress following the 31 March deadline for anti-money laundering and counter-terrorism financing compliance reports. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/BA/0C0569BA.asp AS BULLISH global markets start showing signs of growing bear fur, risk and compliance professionals should be looking more closely for “aberrant behaviour” as the lifestyles of commission-based employees are compromised, the president of the Australasian Compliance Institute (ACI) warned last month. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/AE/0C0569AE.asp EMPLOYERS SHOULD have to log any access of employee emails and undergo random external audits, according an IT professional body. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/43/0C056943.asp DESPITE BIG losses at some insurers due to adverse weather conditions and market plunges, premiums are unlikely to jump as high as record levels of 2002 when consumers were forced to seek affordable rates from offshore insurers, according to a major broker. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/E8/0C0568E8.asp UP TO 80 per cent of threats to a company’s information security come from their own employees, yet most companies continue to invest in protection against the threat of external intrusion, according to a recent Forrester report. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/E7/0C0568E7.asp THE FEDERAL Privacy Commissioner says risk professionals should be paying close attention to the potential for personal information being lost or stolen and has called for comment on a system for voluntary data breach notification. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/5D/0C05685D.asp LARGE COMPANIES that meet the requirements of a tax risk assessment will be able to avoid tax audits for low-risk matters, which can currently extend back four years. Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/40/0C056740.asp You can never mitigate every risk, but Martin Loosemore says there are simple ways to track your risk management strengths and weaknesses Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/B9/0C0566B9.asp There is an urgent need for comprehensive training on emerging compliance practices, for future managers as well as budding compliance officers, says Angus Young Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/94/0C056694.asp Despite some high profile failures, Mark Regan says public private partnerships have been largely successful and have improved procurement practices Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/B0/0C0559B0.asp NSW Fire brigade deputy commissioner Ken Thompson says climate change is now a major factor in his organisation’s operational planning Mon, 19 May 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/0C/0C05540C.asp Introducing a good compliance culture has been a goal for many organisations for some time. So what are some of the techniques for turning theory into practice, asks Shaun Drummond Fri, 11 Apr 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/A1/0C0547A1.asp IT and risk managers are now beginning to work more closely together to ensure security controls don’t become self defeating. Shaun Drummond reports Wed, 12 Mar 2008 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/91/0C052691.asp IN THE face of possible fines from credit card companies, several large Australian merchants are now belatedly working to ensure compliance with the payment card industry data security standard. Thu, 6 Dec 2007 00:00:00 +1000 http://www.riskmanagementmagazine.com.au/articles/C1/0C03CFC1.asp Australian Risk Policy Institute & National Institute of Governance Inaugural Winter Seminar. Risk Policy: From Corporate Boardrooms to Volunteer Organisations Mon, 13 Feb 2006 00:00:00 +1000