Category Archives: risk management

European Union flag

New GDPR resource page

The European Union General Data Protection Regulation (GDPR) will drive unprecedented changes in the way organizations handle personal data. The regulation takes effect on May 25, 2018. GDPR establishes measures that global organizations must take to protect personal data belonging to residents of the EU. It applies to any organization that handles or processes personal […]

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Ben Smith, Field CTO with RSA, presented on “Bridging the Gap: Measuring and Communicating Risk across the Enterprise”

Eight things we kept hearing at GCOR XI in Boston

presentation rooms: 1. The concept of Operational Risk is evolving.  It always has been evolving — one of the keynote speakers spoke about the gradual “scope creep” from the original Basel II definition — but this shift seems to be something more significant.  As cyber security and third party risk become major strategic concerns for […]

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GCOR Boston 2017

Iceberg attends GCOR XI in Boston, April 4-5

The Iceberg team will be in Boston on April 4-5 for GCOR XI, the Risk Management Association’s 11th Annual Governance, Compliance, and Operational Risk Conference. We’re a silver sponsor of the event, and our colleague Ben Smith, Field CTO with RSA, will be delivering an innovation session talk on Wednesday morning titled “Bridging the Gap: […]

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OSFI / BSIF

OSFI seeks comment on draft guideline for model risk management

The Office of the Superintendent of Financial Institutions Canada (OSFI) has released a draft guideline for Enterprise-Wide Model Risk Management, and is inviting stakeholders to comment on the draft before the end of February. “With the evolution of banking markets and innovations in banking products, the use of internal models by financial institutions has increased,” […]

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RECOMMENDED READING: Risk management news and notes for August 9

What we’re reading this week from the world of risk management. Center for Financial Professionals: Establishing an Effective Governance Structure to Better Account for Operational Risks “In today’s financial environment, operational risk has moved to the top of the CRO agenda and it’s developed from being considered just ‘operations risk’ or the risks of processing transactions to […]

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RECOMMENDED READING: Risk management news and notes for August 2

What we’re reading this week from the world of risk management. Norman Marks: Deloitte predicts change for Internal Audit Highlights and analysis of Deloitte’s new Chief Audit Executive survey, “Internal Audit at a Crossroads”. Compliance & Ethics Blog: Jeff Foxworthy, Compliance, and Internal Audit A fun piece on CCO and IA that takes off from Jeff Foxworthy’s redneck […]

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RECOMMENDED READING: Risk management news and notes for July 27

What we’re reading this week from the world of risk management. Risk.net: US life insurer MassMutual makes strides in op risk with corporate culture and IT “The centrepiece of MassMutual’s risk management programme is the ‘MassMutual way’, a philosophy that allows every member of staff to raise potential risk management problems, which can then be fixed. […]

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