Risk Professional
The Chief Officers' Network Risk Professional section is open for contributions. See "Write for us" for details.
Sanctions Notices
Sanctions are political restrictions on trade and financial dealings plus movements of persons. In this section you will find sanctions notices filed by the country that issued them, the date on which it was issued and the person, entity or state against which it was issued. .
Risk Professional: when sanctions bite
When sanctions were applied to the Milosovic regime in the Yugoslavia, AY Bank Limited, a UK corporation regulated by the FSA, found its business all but wiped out. Its story is an object lesson in how assessing one risk (here credit risk) can rapidly turn into disastrous political risk.
Risk Professional: Doing business in China is still not certain
The shock waves in the market in China Telecom is a symptom of a deeper problem - doing business in China remains unpredictable. But like all waves, they have an upside and a downside. The China Mobile case isn't all bad news by any means.
Risk Professional: Bush shores up Clinton vision of MidEast Peace Process
It's increasingly likely that a Democrat will be the next US President. Bush is looking beyond the forthcoming election to aid his party's return. In the Middle East, his foreign policy has been undeniably anti-Arab. In the wings, Clinton is forceful in her support of Israel and entirely devoid of any meaningful criticism of its actions, military or otherwise. Speaking in Israel on his last major foreign tour, Bush has, in effect, endorsed her approach.
Risk Professional: Northern Rock shareholders sue UK government
Shareholders in Northern Rock are throwing rocks at the British Government. " The Compensation Scheme passed by Parliament in March is neither fair nor balanced," they say explaining why going to Court is their next plan of attack.
Risk Professional: Fed's Bernanke favours corporates over consumers
Ben Bernanke, chairman of the US Federal Reserve Bank has made it clear where his loyalties lie: he will protect the financial sector at the expense of home-owners. And what happens to home owners today is likely to happen to businesses tomorrow.
Risk Professional: new wave of internet frauds
No matter how hard you try, the criminals that use email for spam will still get them through to your desktop by new tricks to defeat your systems. Here are some that have got through in the past couple of days.
Risk Professional: Financial Crime Forum / GlobalKYC - Dubai May 2008
The Risk Professional is to be Official Media for The Financial Crime Forum GlobalKYC conference to be held in Dubai May 2008. The event is dedicated to due diligence for identity crimes, including fraudulent identity ("identity theft"), politically exposed persons - and ordinary people from all over the world where there is little information to help you work out who you are dealing with.
The Chief Officers' Network: The Risk Professional - About this section
The Chief Officers' Network Risk Professional Section is set to become the global centre for Risk Professionals.
Malaysia: demonstrators learn from ETA.
When ETA decided to bring attention to itself last year, it chose the time when MotoGP and F1 were to visit northern Spain and so the eyes of the world's press would be on the region. A group of demonstrators have tried the same tactic in Kuala Lumpur on the weekend of the A1GP.