Behavioral Red Flags for Fraud
It is almost unthinkable to you that your trusted employee that too at higher level, and especially with your organization for longer time, steal your organization’s money. Occupational fraud and […]
Outsourcing Decision in Banking
When considering outsourcing by a bank, a common question may arise as to which activities should be outsourced and which tasks should be performed in-house. Badly-planned outsourcing could result in […]
Expected Credit Loss: Basel III vs IFRS 9
Effective from 2018, International Financial Reporting Standards (IFRS – 9) requires banks to make impairment provisions for loans and advances based on expected loss model. Also, Basel guidelines requires banks […]
Risk ~ Control Linkage
If a risk increases at a bank, the management needs to fix control in order to reduce it. Otherwise, reaching objectives will be very difficult. Therefore, introducing suitable control helps […]
Outsourcing Risks in Banking
The decision to outsource is associated with multiple types of risks, including risks associated with increasing labor and other process costs. In some cases, risks may not be significant when […]
Outsourcing in Banking
Just like any other industry, Banking is also influenced by the buzzword – outsourcing. Banking and financial services industry across the globe is witnessing robust growth in past few decades. […]