ETFs – popular as ever, with increased specialization Exchange-traded funds (ETFs) are one of the major financial innovations of recent decades, their growing popularity reflected in an ever-rising share of assets under management. Global ETF assets hit the USD 10 trillion mark this year, of which the US accounts for the vast majority
Emerging risks in finance: “Tilted to the downside”? As the year-end approaches, the focus of market strategists and economists is on the risks to the global economy and markets in 2024. Key potential sources of risk for the global economy include fallout from China’s real estate crisis, commodity price volatility, persistent inflation, and ballooning
The Individual Accountability Framework (IAF): Enhancing accountability in Financial Services In today's evolving financial landscape, the need for robust accountability measures has become increasingly apparent. To address this, the Central Bank of Ireland has introduced the Individual Accountability Framework (IAF), a comprehensive set of regulations aimed at enhancing governance, performance, and accountability in the
Private funds feeling the pressure For at least a decade, private assets – equities, credit, real estate, and other alternative assets that are not publicly traded – had been experiencing a boom, driven by the growing popularity of alternative assets after the global financial crisis of 2007-2009 and a broad bull market in asset
Specter of stagflation haunts markets The response of central authorities to the pandemic was decisive – reflationary policies that injected massive amounts of money into both the financial system and the real economy, turbocharging credit growth and asset valuations. However, the unintended consequence of all this stimulus was an unwelcome surge in inflation, exacerbated
What is the Sustainable Finance Disclosure Regulation? In March 2021, the European Union's Sustainable Finance Disclosure Regulation (SFDR) came into force. The SFDR is designed to help institutional asset owners and retail clients understand, compare, and monitor the sustainability characteristics of investment funds by standardizing sustainability disclosures. Under the SFDR, firms must make
What is a Risk Management Framework? An overview of key components TEST YOUR KNOWLEDGE Introduction A risk management framework (RMF) or more specifically, an operational risk management framework (ORMF) is a structured and systematic approach used by organizations to identify, assess, prioritize, and manage risks in order to
The ultimate guide to operational risk management Navigating the ORM process TAKE THE SKILLS ASSESSMENT Introduction Operational risk management (ORM) is a crucial aspect of any business, helping organizations identify, assess, and mitigate risks associated with their day-to-day operations. By understanding and effectively managing operational risks, businesses can
Understanding banking regulatory requirements For operational risk management TAKE THE SKILLS ASSESSMENT Introduction Operational risk management is a critical aspect of the banking industry, aimed at identifying, assessing, and mitigating risks associated with internal processes, people, and systems. In order to promote stability and resilience within the banking
Operational risk management For modern financial institutions Operational risk is not new – it has existed ever since the first bank opened its doors for business. What is relatively new, however, is how modern-day financial institutions manage this risk type. Operational risk management has evolved into a discipline in its
