Risk.net’s Post

🛡️ Unpacking #RiskLexicon: Counterparty Risk 💼 Counterparty Risk is the shadow that looms over financial transactions, reminding us of the importance of trust and reliability. It's the risk that counterparties may falter in meeting their obligations, potentially disrupting the financial landscape. Understanding and mitigating this risk is paramount for ensuring stability and security in transactions. Let's delve deeper into navigating the complexities of counterparty risk! #RiskManagement #FinancialSecurity

SteelEye tool tackles growing cross-product manipulation threat SteelEye has launched a trade surveillance tool designed to combat cross-product market manipulation. Cross-Product Detection leverages algorithms to analyse trading activity across multiple instruments and identify cross-product manipulation patterns apparent in suspicious correlations between trades in different instruments. #trades #surveillance #trading #markets #algos #regulation #GlobalTrading https://hubs.li/Q02LSs-Z0

With The Financial Crime Summit - London just under two months away now, we would like to give you a preview on what you can expect on the day. Have a watch of the highlights video from The Financial Crime Summit - London last year. 📍The Financial Crime Summit - London - Strengthening Financial Crime Risk Management through Innovation, Collaboration, and Technology 📆 5 September 2024 #1LoD #FinancialCrime #FinCrimeSummitLDN

🔎 Have you spotted our Financial Crime Summit - London ambassadors in the City of London today? If not, don't worry, you can also catch them tomorrow and Thursday, waiting to give you your special discount to attend The Financial Crime Summit - London on the 5 September. 📍The Financial Crime Summit - London - Strengthening Financial Crime Risk Management through Innovation, Collaboration, and Technology 📆 5 September 2024 #1LoD #FinancialCrime #FinCrimeSummitLDN

Looking forward to this event on Thursday, if you spot me please say hi! I'll be hosting the 10:30 discussion on effective strategies for preventing and detecting fraud. Can't wait to hear your insights there! #1lod #financialcrimesummit

72% of respondents in #consumermarkets sector identify #reputationaldamage as the most severe consequence of #frauds, emphasising the critical importance of safeguarding #brandintegrity amidst evolving #risk landscapes. More insights here https://social.kpmg/8kd603 | #KPMGForensic

Although there is no information about the systems involved, this is not a good look for a globally systemically important CCP. You can understand why some jurisdictions are concerned about the systemic risks of relying on LCH as a single monopoly clearing house.

The global financial crime environment is 𝗰𝗼𝗻𝘀𝘁𝗮𝗻𝘁𝗹𝘆 𝗮𝗻𝗱 𝗿𝗮𝗽𝗶𝗱𝗹𝘆 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴, requiring the whole industry to 𝗲𝗺𝗯𝗿𝗮𝗰𝗲 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻. Read our latest blog post to discover the key areas driving innovation in the financial crime landscape, and why technology and regulations must work hand-in-hand to combat global threats: https://okt.to/SA7RvH #DecisionIntelligence #FinCrime #AML Christopher Bagnall

The global financial crime environment is 𝗰𝗼𝗻𝘀𝘁𝗮𝗻𝘁𝗹𝘆 𝗮𝗻𝗱 𝗿𝗮𝗽𝗶𝗱𝗹𝘆 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴, requiring the whole industry to 𝗲𝗺𝗯𝗿𝗮𝗰𝗲 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻. Read our latest blog post to discover the key areas driving innovation in the financial crime landscape, and why technology and regulations must work hand-in-hand to combat global threats: https://okt.to/R8lqGc #DecisionIntelligence #FinCrime #AML Christopher Bagnall

World leaders from banks and regulatory and supervisory bodies shared their perspectives on the greatest issues on everyone’s agenda at the Global Risk Regulation Summit 🌍 This summit was part of RiskMinds International and we’ve gathered the key discussion points in one handy eMagazine! Gain insights on the state of Basel Endgame, Basel III approaches, AI regulation, counterparty credit risk regulations and more. Dive in here 👉 http://spr.ly/6045xPsfL #RiskMinds #riskmanagement #globalriskregulations #baselendgame #creditrisk