The Achilles Heel of Banking
After last decade’s financial crisis, regulators introduced several new measures to reduce systemic risk in the financial system. How are the new safeguards working? What are the implications for future balance sheet structure? The CFA Society Toronto convened a panel of three experts on November 25, 2020, to discuss the new regulatory capital and liquidity frameworks and how they are reshaping the way Canadian banks approach the market. The webinar, including a Q&A session, was moderated by Nigel D’Souza, Investment Analyst, Veritas Investment Research. “There’s no doubt the financial crisis changed balance sheets,” said Bruce Choy, Managing Director (Former Risk […]
Cyber Risks: “the New Normal”
“We are living in the middle of a cyber war,” said Christophe LeSieur, Global Practice Lead of Governance, Risk & Compliance (GRC) at CSC. He was the first of two presenters at a webinar on cybersecurity sponsored by the Global Association of Risk Professionals held on December 16, 2014. He described “the new normal” as “an environment of unprecedented tension” whose mega-trends are: social media, information technology (IT) and internet everywhere, proliferating platforms (mobile, bring your own device[BYOD]), and a huge quantity of data. The world is becoming ever more different, and the number of attacks is growing. Just this […]