Outsourcing in Banking Industry
Importance of Outsourcing in Banking Industry Nowadays outsourcing is well practiced in banking industry. The concept of outsourcing is as old as the existence of the human community. With the […]
Risk Heat Map
Background Risk is the probability of incurring a loss or damage because of actual outcome being different from the expected outcome. This means that, broader the range of possible outcomes, […]
Occupational Fraud in Asia Pacific
Background Occupational fraud has become a major concern for any nonprofit organization. So, implementing effective fraud risk management system is very important in development organizations. Occupational Fraud Occupational fraud is a […]
Beware of People Around You with Behavioral Red Flag!
Background Behavioral red flag is one of the fraud indicator in an organization. One needs to understand the significance of red flags and take appropriate action on time. As in […]
Technology in Risk Management Perspective
Background Like any other industries, banking industry of Nepal has been taking rapid strides in the advancement of technology. Some of the reasons for forcing banks for the aggressive infusion […]
Operational Risk Management in Banking Sector
Banks are expected to identify and assess the operational risks in all the existing products and services and systems before formulating a clear-cut policy. Such identification is a must before a new product or process or system is introduced and a fool-proof system should be in place to avoid the damages that may be caused on account of human or system failure.