Discover and read the best of Twitter Threads about #solvency
Most recents (4)
[1/9] "Don't Trust, Verify"
–Ein Spruch, der derzeit die Runde macht, nachdem Unsummen von Milliarden durch #FTX und #SBF veruntreut wurden–
5 Begrifflichkeiten, die du jetzt unbedingt verstehen musst, um Exchanges besser einschätzen zu können!
🧵👇
–Ein Spruch, der derzeit die Runde macht, nachdem Unsummen von Milliarden durch #FTX und #SBF veruntreut wurden–
5 Begrifflichkeiten, die du jetzt unbedingt verstehen musst, um Exchanges besser einschätzen zu können!
🧵👇
[2/9] 👉 "#Merkle #Tree"
• Ist ein binärer #Hash-Baum, also eine Datenstruktur in der #Kryptografie, bei der jeder Blattknoten ein Hash-Wert eines Datenblocks darstellt
• Nachträgliche Änderungen wirken sich auf die "Wurzel" aus
• Effizientes Mittel der #Datenüberprüfung
• Ist ein binärer #Hash-Baum, also eine Datenstruktur in der #Kryptografie, bei der jeder Blattknoten ein Hash-Wert eines Datenblocks darstellt
• Nachträgliche Änderungen wirken sich auf die "Wurzel" aus
• Effizientes Mittel der #Datenüberprüfung
What is driving the FS Industry to invest more in #GRC &/or ERM Technology?
@irmglobal @IRMIowl @ERMAcademy
@irmglobal @IRMIowl @ERMAcademy
Let me try to answer this question in a generalized manner. So, its applicability extends beyond banks, risk insurance and asset management firms.
I think ERM Systems and/or the GRC Systems have now become more regulation oriented across different legal compliance jurisdictions.
I think ERM Systems and/or the GRC Systems have now become more regulation oriented across different legal compliance jurisdictions.
Kindly, do note that the ERM/ GRC Models being used are not always the same. Different Industries identify, measure and apply risk controls in an entirely different manner from one another.
Most of the #ERM Units / Desks at banks hire Actuaries as Quantitative Risk Experts in either the front or the middle offices.
However, to be a CRO, you ideally ought to know the business model risks, credit underwriting risks (if you are working at a Commercial Bank),
However, to be a CRO, you ideally ought to know the business model risks, credit underwriting risks (if you are working at a Commercial Bank),
the governance, risk and compliance issues, IT/Data and Cybersecurity related Risk Issues, risk culture, risk attitudes, risk conduct and risk change management processes, DRP and BCP, and the Non -Financial Operational Risks in addition to quantifiable risks such as Credit,
Market and Liquidity Risks that exists across financial markets and asset class/es.
An event that slipped by quietly is,
#Moody’s upgrading #YesBank's long-term foreign&local currency deposit ratings,from Caa1 to B3
Foreign currency senior unsecured #MTN rating of #Yes,raised from (P)Caa1 to (P)B3
Rating upgrade,follows successful #FPO,where Yes raised 15000Cr
#Moody’s upgrading #YesBank's long-term foreign&local currency deposit ratings,from Caa1 to B3
Foreign currency senior unsecured #MTN rating of #Yes,raised from (P)Caa1 to (P)B3
Rating upgrade,follows successful #FPO,where Yes raised 15000Cr
Surprising,how mainstream media that went hammer&tong at the @narendramodi govt,in March 2020,when #YesBank collapsed,thx to a fraudulent #RanaKapoor&his ilk,is silent today,post the brilliant recovery of #Yes,coming back on track
PSB,#SBI,is doing a good job in resurrecting Yes
PSB,#SBI,is doing a good job in resurrecting Yes
A significantly improved #Solvency ratio,#Moodys said, "strengthens #YesBank’s resilience to potential asset quality risks from impact of economic slowdown& #coronavirus related disruptions"
Moody's also lauded Yes Bank’s funding&liquidity that moderately improved in June'20 qtr
Moody's also lauded Yes Bank’s funding&liquidity that moderately improved in June'20 qtr
