32 résultats
pour « governance »
This paper examines the use of #machinelearning methods in the context of #banks' #capitalrequirements, specifically the internal Ratings Based (#irb) approach. The authors discuss the advantages and risks of using machine learning in this domain, and provide recommendations related to #risk parameter estimations, #regulatory capital, the trade-off between performance and interpretability, international #banking competition, and #governance, #operationalrisk, and training.
This paper explores the evolving role of #compliance in #digitaltransformation (#dt), as corporations globally embrace technology to enhance competitiveness and address responsible, #ethical, and #sustainable practices. It analyzes the current and potential role of Compliance in DT, emphasizing the need to manage #governance, #risk, and compliance aspects and leverage #esg objectives. The authors conducted interviews with Compliance heads and facilitated a Salon attended by General Counsel and Compliance professionals. The purpose is to encourage international discussions on Compliance's role in digital transformation.
This paper discusses the role of #centralbanks in #regulating and #supervising #esgrisks in the #banking sector. The authors review recent international and regional rules requiring banks to consider #esg factors in their #governance, and analyze the practices of #microprudential #supervisors in several jurisdictions.
The study emphasizes the need for a better understanding of #ai to avoid policies that may hinder its benefits. It argues for a cross-disciplinary approach to AI #governance and clarifying its core concepts to build trust. The paper addresses two key questions: 1) What is the best way to safely introduce AI to maximize well-being and #sustainability in light of its potential #risks? and 2) What specific policy steps should be taken to implement it?
This research presents a balance #scorecard tool for assessing #disasterriskreduction and #resilience (#dr3) in the context of #floods, #droughts and #heatwaves. It aims to support the integration and monitoring of #climateadaptation, #sustainability and #riskreduction into development planning in vulnerable communities. This approach contributes to strengthening #governance, resilience and #riskmanagement in disaster-prone areas.
"... the new Climate Risk Division will integrate climate risks into its supervision of regulated entities, support the industry’s growth in managing climate risks, coordinate with international, national, and state regulators, develop internal capacity on climate-related financial risks, support the capacity-building of peer regulators on climate-related supervision, and ensure fair access to financial services for all communities, especially those most impacted by climate change. "
This paper discusses the role of public policy in #regulating the development of #ai, #ml, and #robotics, and the potential #risks of different approaches to #governance. It explores the tension between precautionary principles that prioritize risk avoidance and permissionless innovation that encourages entrepreneurship, and advocates for a more flexible, #bottomup governance approach that can address risks without hindering innovation.
"#banks that did well in the #gfc also did well in the #pandemic while banks that did poorly during the GFC also did poorly during the pandemic."
The findings underscore the importance of inside debt compensation as a #riskmanagement #governance mechanism that alleviates inefficiencies related to #cybersecurity investments.
Examines the relationship between #crime and #insurance, with a focus on the role of #governance, #riskassessment and #riskmanagement, #crimeprevention, #securitytechnology, #behavioraleconomics, #theft, #kidnap and #hijack for ransom, #fraud, and #ransomware. It analyzes five case studies to identify a co-evolutionary process in which #insurers collaborate with insureds, governments, and #thirdparty to #mitigaterisk, particularly when criminal innovations destabilize the #insurancemarket.