Settlement risk, in its simplest form, is the risk that one party won’t hold up their end in a transaction. There are several reasons this can occur, including time delay, system failure or default, and can also include risk associated with unexpected cost and/or administrative inconvenience.
KnowledgeLeader has recently improved and expanded upon our online CPE training courses. The KLplus area now brings you over 30 self-paced CPE courses—with more to come soon! Our courses meet the NASBA CPE requirements and are in a system where you can easily manage your course progress.
Risk managers, in particular, will find this expansion useful because of the new risk management courses added to the repository. Learn how to identify risk, assess risk, make a risk management plan, and deal with risk.
At the beginning of each year, the KnowledgeLeader team publishes its top 25 pages from the previous year, as determined by subscribers like you. Not surprisingly, the Risk Oversight and Risk Management Questionnaire was the most viewed page in 2014.
I once read an article that stated that many people worry about accidental death, particularly in ways that are very frightening, like poisonous snakes or spiders, or even alligator attacks. This same article noted that based on official death statistics, the vast majority of people actually die from chronic health causes, including heart attacks, obesity and other ailments that result from poor attention to long-term personal fitness. In 2003, accidental deaths in the United States numbered around 100,000; chronic health-related deaths were more than 2.4 million.
This week on KnowledgeLeader, we published an article from Compliance Week that delves into a hot topic for the audit industry: the evolving role of internal audit in the face of new requirements from NASDAQ and the Federal Reserve.
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