The often-quoted phrase of philosopher George Santayana Those who cannot remember the past are condemned to repeat it certainly applies to risk management. Studying past risk events is an effective way for risk managers to identify areas of exposure and manage them to prevent risks from materialising as losses in the future. This workshop uses real case studies as the basis for identifying key areas of risk and deciding how to manage them. Each case study forms the point of departure for analysing a specific risk and defining the measures required to deal with it.
Different types of risks in financial services
Investment risk: Investing in high-risk financial instruments
People risk : Fraud, rogue traders and other cases
Systemic risk: Sub-prime crisis and other cases
Reputation risk: Reputation and financial services, impact of the press