"This paper aims to improve the ability of financial institutions to develop risk-based policies, procedures, and controls that are reasonably designed to (a) detect red flags relating to international wire transfers for the purchase of shares and (b) to investigate money laundering (ML) and terrorist financing (TF) through the trade system."
"... in order to reach positive changes to take place and for intellectual property insurance to become an increasingly preferred method for supplementary protection of intellectual property, the proposed approach is to be worked in three directions. ... Namely, the directions are building a unified system, with a strict methodology and at the same time creating a legal basis which to bring in detail and unequivocal means and approaches the way in which intellectual property insurance is carried out."
"... this paper proposes a new risk variable elimination method as well as a real-time road risk model design framework and concludes that claim history will be regarded as a "noise" factor and deprecated in the Pay-How-You-Drive model."
"Explainable Artificial Intelligence (XAI) models allow for a more transparent and understandable relationship between humans and machines. The insurance industry represents a fundamental opportunity to demonstrate the potential of XAI, with the industry’s vast stores of sensitive data on policyholders and centrality in societal progress and innovation."
"As a result of a regulatory focus on quantitative capital requirements, it also finds management of people risk subsumed by this regulatory approach, and evidence that the ‘embedded’ nature of people risk has hindered the development of a more comprehensive industry-wide approach to people risk management."
"The article reviews the main topics of this research, including bank efficiency, risk assessment, bank performance, mergers and acquisitions, banking regulation, customer-related studies, and fintech in the banking industry. "
"The role of regulatory agencies will be crucial to protect consumers while allowing innovation. There is currently no unified regulatory framework."
"Using several examples, the article contrasts these risk sentiments for companies that have been involved in financial fraud and the companies that have not been involved in financial fraud."
"... we disentangle GPR into its two components: geopolitical threats and geopolitical acts. We document that the effect of threats is greater than that of acts, indicating that unrealized risk is more detrimental than realized risk."
"Using regret bounds from Online Convex Optimization, we obtain rigorous guarantees on the asymptotic power of the tests for a wide range of alternative hypotheses. Our results allow for bounded and unbounded data distributions, assuming that a sub-ψ tail bound is satisfied."