Governance, Risk Management, Reporting, and Control at the Central Bank of Colombia

2020 ◽  
pp. 335-346
Author(s):  
Marco Ruiz
Keyword(s):  
Risk Management ◽  
Central Bank ◽  
And Control ◽  
Management Reporting ◽  
Governance Risk

Internal Control Frameworks and Its Relation with Governance and Risk Management: An Analytical Study

2021 ◽  
Vol 39 (11) ◽  
Author(s):  
Mahammed Adil Mohammed ◽  
Thamer Kadhim Al-Abedi ◽  
Hakeem Hammood Flayyih ◽  
Hussein Ali Mohaisen
Keyword(s):  
Risk Management ◽  
Internal Control ◽  
Analytical Study ◽  
Effective Management ◽  
Management Framework ◽  
Risk Management Framework ◽  
Control Framework ◽  
The Subject ◽  
And Control ◽  
Governance Risk

This study aims at searching in different editions of internal control frameworks and its relation with governance and risk management by dividing the study into three themes. The first one includes studying each framework in terms of the concept of internal control, elements and goals and what makes it different form the latter. The second concerns the relation of internal control with governance and the importance of what it provides to economic unity. The third one and the last regards the relation of internal control to risk management framework and what economic unity will achieve if it managed its risks properly through presenting a number of academic studies that dealt with the subject of the study. The design of this paper depends on reviewing literature during the period (2012-2019) and analyzing results concluded by these literatures concerning the study of internal control framework and its relation with governance and risk management. The study concluded that economic unity cannot achieve its goals and maintain success without an effective management of risks, control and governance. Board of directors and administration both need each other to apply governance, risk management and control effectively.

scholarly journals Risk management in the public sector: challenges in its adoption by Brazilian federal universities

2021 ◽  
Vol 32 (86) ◽  
pp. 241-254
Author(s):  
Artur Araújo ◽  
Anailson Marcio Gomes
Keyword(s):  
Risk Management ◽  
Response Rate ◽  
Maturity Level ◽  
Public Servants ◽  
The Public ◽  
Dispersion Measures ◽  
And Control ◽  
Governance Risk ◽  
Staff Engagement ◽  
And Training

ABSTRACT The aim of this study was to analyze the perception of the members of the risk committees of federal universities in Brazil regarding the challenges in the adoption of risk management in those institutions. Currently, federal universities are obliged by law to manage their risks. This is a recent process that presents them with considerable challenges, which have scarcely been explored. Studying the challenges in adopting risk management enables federal universities to gradually improve their overall management, with the aim of adopting the process in the best way possible. This study contributes to the professional and academic areas by proposing a set of actions within the operational context of the universities to improve the maturity level of the risk management of those institutions. The procedure adopted was a survey covering 68 federal universities in operation in 2019. The quantitative study was based on a questionnaire sent to the public servants on their governance, risk, and control committees, which had a 73% response rate. The data were analyzed using descriptive statistics and position and dispersion measures. Perception was analyzed regarding the challenges arising from the adoption of risk management, in which a lack of process mapping, the need for staff engagement and training, the emergence of divergences concerning the treatment of risk, and excess demands on staff were highlighted. The evidence indicated that risk management can guarantee and facilitate compliance with laws, regulations, norms, and standards, as well as the identification of external scenarios that can influence the occurrence of events that negatively impact not only the universities but the whole community.

scholarly journals Assessment of risk management and control measures against coronavirus disease

2021 ◽  
Author(s):  
Khalil Ur Rehman ◽  
Shahla Andleeb ◽  
Saleh Alfarraj ◽  
Sulaiman Ali Alharbi ◽  
Adeel Mahmood
Keyword(s):  
Risk Management ◽  
Control Measures ◽  
And Control

Research on Urban Public Security Risk Management under the Background of Tobacco Control

2021 ◽  
Vol 7 (5) ◽  
pp. 911-920
Author(s):  
Suqin Chen
Keyword(s):  
Risk Management ◽  
Tobacco Control ◽  
Public Safety ◽  
Prevention And Control ◽  
Living Environment ◽  
Public Security ◽  
Security Risk ◽  
The Future ◽  
Security Risk Management ◽  
And Control

Objectives: Through the reflection on the city’s response to the crisis in the process of tobacco control, a comprehensive and systematic public safety prevention and control system will be built to help cities cope with future risks and challenges. Methods: By using the methodological principle of the unity of subject and object and systematic research, this paper analyzes the problems from the three aspects of subject, object and means, and puts forward three important links of prevention, response and guarantee to construct a large urban public security system, and these three links support each other form a closed loop of risk prevention and control urban public security. Results: Under the background of tobacco control, it is feasible to a reliable whole-cycle management system for urban emergency response and accident rescue, a sound basic public safety guarantee system and a whole-society participation system. Conclusions: Due to the change of global climate conditions and the increase of flow people in the social environment, human beings will face a more complex living environment in the future and may encounter more extreme problems. It can be said that at present and even in the future, global urban public security risk management work is facing a grim situation. WHO research shows that smoking will increase the risk of new crown virus infection among smokers and their surrounding population.China is a big smoking country and in the stage of rapid urbanization. Many citiesare densely populated. Once there is an epidemic infection, the cities will face a severe public security situation. Smoking will not only have an adverse impact on personal health, but also the fires in factories, homes and forests caused by smoking.Since the Chinese government’s tobacco control in 2014, various accidents caused by smoking have caused great adverse effects.Smoking in public places has great hidden dangers of public safety, which leads us to think about the risk management of urban public safety.In the context of tobacco control, we should use scientific thinking and methods to construct a new pattern of urban public security risk management. Another important concept is to implement the risk management concept and the value of prevention first in the management of public affairs, so as to create a situation of risk sharing and coordinated response of the whole society.

Praktisches Vorgehen in der interdisziplinären Institutionenanalyse. Ein Kompaktleitfaden

2014 ◽  
Author(s):  
Kilian Bizer ◽  
Martin Führ
Keyword(s):  
Risk Management ◽  
Governance Risk

Dieser Leitfaden beschreibt in kompakter Form, wie eine „interdisziplinäre Institutionenanalyse“ praktisch anzulegen ist: Welche Analyse- und Prüfungsschritte sind zu durchlaufen? Um welche Fragen geht es jeweils und welche Rolle spielen empirische Befunde dabei? Die Darstellung orientiert sich an der Aufgabenstellung, vor der der Gesetzgeber im Rahmen einer Gesetzesfolgenabschätzung (wie sie etwa in § 44 der Gemeinsamen Geschäftsordnung der Bundesministerien oder in den Leitlinien der Europäischen Kommission vorgeschrieben ist) steht. Die Analyse- und Prüfungsschritte sind in gleicher Weise aber auch nutzbar, wenn es um Gestaltungsprobleme in Unternehmen (etwa Fortschreibung der Rahmenbedingungen im Kontext von „Governance, Risk Management, Compliance“ – GRC), Kammern und anderen Vereinigungen sowie in Behörden geht. Am Ende des Kompaktleitfadens erläutert ein Glossar Schlüsselbegriffe der Institutionenanalyse. Dort finden sich auch „Lesetipps“ zu weiterführender Literatur.

Banking supervision in the Russian Federation

2021 ◽  
Author(s):  
Tat'yana Rozhdestvenskaya ◽  
Aleksey Guznov
Keyword(s):  
Risk Management ◽  
Graduate Students ◽  
Central Bank ◽  
Russian Federation ◽  
Bank Risk ◽  
Banking Supervision ◽  
Law Schools ◽  
The Russian Federation ◽  
Credit Institutions

The textbook highlights the theoretical and practical problems of banking supervision in Russia, including its goals, objects and forms. Special attention is paid to the requirements for bank risk management and enforcement measures applied by the Central Bank of the Russian Federation to credit institutions. For undergraduates of law schools, graduate students and teachers.

scholarly journals Risk management and control: Human resources risks in a merged academic institution

2015 ◽  
Vol 4 (2) ◽  
pp. 155-159
Author(s):  
Tebogo Molotsi ◽  
Tankiso Moloi
Keyword(s):  
South Africa ◽  
Risk Assessment ◽  
Distance Education ◽  
Risk Management ◽  
Human Resources ◽  
Corporate Memory ◽  
Engineering And Technology ◽  
Vista University ◽  
Critical Skills ◽  
And Control

This paper measured the mood of College of Science, Engineering and Technology (CSET) academics following the merger between University of South Africa (UNISA), Vista University Distance Education Campus (VUDEC) and Technikon SA (TSA). The formulated statements, potential human resources related risks with association to the statements were articulated. The results obtained from the survey indicated that had the risk assessment been undertaken in CSET, the risk of losing/ retaining critical skills, corporate memory, and the inability to attract these critical skills to CSET could have been higher on the risk dashboard following the post-merger of UNISA, VUDEC and TSA.

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