Operational Risk Management (ORM) is undergoing a transformation and it is widely getting recognised as a major area of risk for financial organisations. Major high street banks in the UK have already implemented BASEL II requirements for Operational Risk (OR) and now they are looking to reap ..
My nine year old twin boys asked me the question - What is money really? Ofcourse they wanted to see if there is a simple way to buy more toys and sweets. I am trying to answer 3 questions. 1) What is money? 2) Who creates money? 3) Who controls money and how they control it? What is ..
The Structural Analysis theory considers structural and economic differences between parties and the resulting power difference as the most important factor affecting success in negotiations. The theories of psychological influence provide a different approach and tactics for success in ..
This paper analyses the legal and financial aspects of investing in Wind Energy Projects in Kerala, India. Although the paper focuses on Kerala State, it can provide a basis for a framework to analyze the viability of wind energy projects in other States of India also. The paper starts with an ..
The initial sections of this paper define Operational Risk (OR), discuss the rational for measuring OR and details of Basel II recommendations for OR mitigation. The case study section of this paper considers a sample UK financial institution and its existing initiatives and recommends certain ..