Proposals to improve the operational risk capital framework released by the Basel Committee

The Basel Committee has today released for consultation a revised standardised approach for measuring operational risk capital[1]. The existing framework sets out different approaches that banks may use to calculate their operational risk capital requirement. Once finalised, a new unitary standardised approach will replace the current non-model-based approaches, which comprise the Basic Indicator Approach (BIA) and the Standardised Approach (TSA),...

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Engineering Risk Consulting | Allianz

Typically, such services will include a detailed evaluation of the inherent hazards, management systems, external exposures and business continuity exposures. They may also include (where appropriate) a review of work methods and quality and safety management systems. We also can develop risk improvement proposals based on our broad technical expertise, experience and knowledge of industry specific losses. Additionally, we offer...

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Deloitte named a worldwide leader in Risk Consulting Services by IDC Marketscape

NEW YORK, NY, USA, 17 January 2020—International Data Corporation (IDC) has named Deloitte a leader in their report entitled, IDC MarketScape: Worldwide Risk Consulting Services 2019 Vendor Assessment (doc #US43248219, December 2019). Deloitte is focused on identifying and anticipating trends in the risk landscape and offering clients a variety of solutions influenced by research on a wide-range of risk-related topics....

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Barrick Prepared for COVID-19

TORONTO — Drawing on experience gained combating Ebola outbreaks around its African operations, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has increased its site-specific emergency response plans as well as regional crisis management plans to deal with any manifestation of Covid-19 in or near its mines globally. The company said it had counselled all employees about the symptoms of the virus and the...

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