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Risk Management

Taking on the Six Biggest Issues in Risk Management

By Steven Minsky

Risk managers handle pressure from a variety of angles. The board needs confirmation its risk program is effective (without hindering productivity), the regulatory environment is unpredictable and frequently changes, and managers in other governance areas often appear unwilling to participate in risk assessment tasks.

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To Hedge or Not to Hedge

Futures can be a valuable risk-management tool.

By Jon Marcus

In the vast investment markets surrounding the ag business, hedging is a useful tool, when used the right way. By definition a hedge is an investment position intended to offset potential losses that may be incurred by a companion investment. The primary goal of a hedge isn’t to make money, rather to protect from losses and limit risk.

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2016 Risk Maturity Model Recognition Recipients Announced

October 31 – Fourteen companies, out of 361 applicants, have received the 2016 Risk Maturity Model (RMM) Recognition, a distinction that highlights enterprise risk management leaders and successful ERM programs. Presented by the authors of the RMM, LogicManager and RIMSthe risk management society™, the recipients were announced at the RIMS ERM Conference in Atlanta last week.

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OCC Issues Guidance on BSA/AML Pertaining to Foreign Correspondent Banks

October 7 – Office of the Comptroller of the Currency has issued risk management guidance that addresses periodic reevaluations of risks associated with foreign correspondent banking accounts. The guidance reiterates the OCC’s supervisory expectation that banks assess these risks as part of their on-going risk management and due diligence practices.

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Growing Portfolio Is Leading Concern of FIs

August 18 – Over one-third of leaders from banks, credit unions and alternative lenders said their top priority within their financial institution is growing the portfolio, according to a new survey conducted by Sageworks.

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FASB’s New Guidance Dictates Timelier Recording of Credit Losses

June 17 – The Financial Accounting Standards Board issued an accounting standards update that it said improves financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. (more…)

Best Practices for Mitigating Political Risk

By Joe Wheeler

 

Have you ever considered that what happens in the state capitols and Washington D.C. can result in substantial risk to your bank? The truth is, it can.

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Managing Grain Price Risks

By Patrick Patton

You would be hard-pressed to find a farmer in the United States, perhaps with the exception of those purchasing feed, who’s been satisfied with commodity prices over the past few years. No one knows when prices will improve. Worse, changes in price can occur quickly, leading to greater risk or missed opportunities.

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Risk Management: A Key Element of Corporate Governance

By Bob Browne

Like many practices in our industry, many risk-related activities evolved slowly as disjointed random processes that morphed into an increasingly more-important cohesive programs over time. Such is the case with risk management, which has emerged as a key element in effective corporate governance and is the foundation for the safe and sound operation of a bank.

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A New Era in Enterprise Risk Management

By Toni Lapp

Which company should be held more liable? (more…)

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