Rio2 Designates Process Plant Construction and Civil Contractors for the Fenix Gold Project

VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has taken another key step towards the development of its Fenix Gold Project (“the Project”) located in Chile by selecting the following lead contractors: Process plant / site infrastructure construction contractor – HLC Ingeniería y...

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Basel Committee releases consultative documents on principles for operational risk and operational resilience

Operational resilience principles aim to increase the capacity of banks to withstand disruptions due to potentially severe events. Updated principles on operational risk focus on change management and information and communication technologies (ICT). Covid-19 has raised the importance of operational resilience and mitigating operational risk. In recent years, the growth of technology-related threats has increased the importance of banks’ operational...

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Revisions to the principles for the sound management of operational risk

The Committee introduced its Principles for the sound management of operational risk in 2003, and subsequently revised them in 2011 to incorporate the lessons from the financial crisis. In 2014, the Committee conducted a review of the implementation of the principles which indicated that several principles had not been adequately implemented, and that the principles did not sufficiently capture certain...

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Wolters Kluwer Triumphs in Operational Risk Awards

NEW YORK–(BUSINESS WIRE[1])–The Compliance Program Management[2] (CPM) business of Wolters Kluwer Compliance Solutions has won two prestigious awards celebrating excellence and innovation in operational risk. Financial Technologies Forum (FTF) News has named OneSumX its Best Operational Risk Management solution in its hotly contested 2020 Technology Innovation Awards. RegTech Insights, meanwhile, has named the solution its Best Vendor Solution for Managing...

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