G20 Leaders’ Statement on Countering Terrorism

10 July 2017

1. We, the Leaders of the G20, strongly condemn all terrorist attacks worldwide and stand united and firm in the fight against terrorism and its financing. These atrocious acts have strengthened our resolve to cooperate to enhance our security and protect our citizens. Terrorism is a global scourge that must be fought and terrorist safe havens eliminated in every part of the world.
2. We reaffirm that all measures on countering terrorism need to be implemented in accordance with the UN Charter and all obligations under international law, including international human rights law.

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Applying Risk-Based Thinking to Operations

06 July 2017

The dynamic of risk management and compliance seems to be experiencing a shift toward risk management in operations, and learning to pay attention to detail in order to leverage it. The biggest question often asked is, “I’m aware my company needs to pay great attention to the detail of risk, but I don’t know where to start, or even how to put it into practice.” This is a normal practicality with which most quality professionals struggle. As for what you can do about risk, it’s important to first focus on the process of collecting and analyzing your risks. There are many common, simple, and effective tools to help make risk management a practical option for your business.

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Study: Poor risk management hits state banks’ performance

03 July 2017

A total of eight state-owned commercial and specialised banks in Bangladesh bear the brunt of poor risk management, according to a study by the London-based Economic Intelligence Unit (EIU). In its latest report titled “Banking sector faces challenge”, the EIU said the poor risk management system contributes to a high level of non-performing loans (NPLs), low profitability, large capital shortfalls and balance sheet weaknesses of the banks.

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Retail Banking in the UK

29 June 2017

It is hard to think of many more important subjects in our world than the future of retail banking – that is, if we heroically put Brexit to one side for a day. There are over 72 million personal current accounts in the UK, with retail deposits of over £1.5 trillion, comprising current accounts, savings products and SME banking. Retail lending is a key driver of economic activity. On the latest evidence, UK households owe £1.3 trillion in mortgages and £198 billion in consumer credit. There are over 5.4 million SMEs in the UK. There are over 61 million credit cards in issue in the UK.

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