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"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 role of regulatory agencies will be crucial to protect consumers while allowing innovation. There is currently no unified regulatory framework."

"... this book chapter evaluates how policymakers' approaches to systemic risk regulation in insurance have evolved since the crisis. It tracks how international standard-setting organizations and U.S. regulators initially relied on the entity-based approach, using discretionary methodologies for identifying specific nonbank firms, including insurers, that were systemically significant. It then shows how, in response to backlash, international and U.S. policymakers abruptly ceased entity-based designations and purported to shift their focus to an activities-based approach to nonbank systemic risk."

"Using a sample of bank holding companies over the period 2015Q1 through 2020Q1, we find that risk exposure increases for the large banks that benefitted from the removal of certain regulatory provisions. These banks also benefit from higher profitability and reduced compliance costs."

"This paper looks at three of the key technical and commercial aspects of cloud computing: control, security, and risk."

"The paper will focus on the important role that financial supervisors and regulators can play in promoting effective risk management, supervision and crisis preparedness in relation to fintech developments, and the need for coordination and collaboration with policymakers, government, and the financial sector to address potential threats to financial stability. "

"We develop a measure of connectedness using a multifactor model of weekly equity returns. The empirical analysis is conducted from 1973 to 2018, for 16 developed countries, at both the sectoral and institution levels. The results indicate that, unlike other sectors, the connectedness level of the insurance industry has strengthened over time. "

"We construct and analyze a novel dataset on the corporate structure of the top 100 global insurance groups with headquarters located in 21 countries and their 8,000 subsidiaries located in 117 countries and offshore territories. We document how the level of internationalization and the business focus of foreign subsidiaries vary across headquarters regions as well as advanced and emerging economies."

"In the current business climate, more companies should emphasize and integrate political risk oversight in their ERM programs. Although neglecting political risk may not trigger legal liability from regulators or courts, it can cause significant financial and reputational losses to the company."

"I argue that that conventional risk analysis—meaning risk analysis fixated on controlling risks—should expand to systematically integrate two related principles. The first is prevention, which seeks in the first instance to avoid the risk altogether. The second is resilience, which aims build the capacity to respond to whatever does come to pass."