International Conference on Risk Management

7 years ago Posted By : User Ref No: WURUR10986 0
  • Image
  • TypeConference
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  • Location Dubai, United Arab Emirates
  • Price
  • Date 27-05-2017 - 28-05-2017
International Conference on Risk Management, Dubai, United Arab Emirates
Conference Title
International Conference on Risk Management
Event Type
Conference
Conference Date
27-05-2017 to 28-05-2017
Last Date for Applying
31-03-2017
Location
Dubai, United Arab Emirates
Organization Name / Organize By
Greater Vision Conferences & Seminars
Organizing/Related Departments
Risk Management
Organization Type
Organization
ConferenceCategory
Non Technical
ConferenceLevel
International
Related Industries

Business Development

Finance

Accounting/Financial/Banking/Insurance

Location
Dubai, United Arab Emirates

You are cordially invited to submit your research manuscripts/case studies in all areas of business. In addition to paper presentations and discussions, the conference will include special invited lectures on contemporary topics in risk management.

CONFERENCE OBJECTIVES:

Global Economic Crisis and Risk-Culture!

Global financial meltdown (2008) has left deeper impact on the banking and financial markets. Of course, we have learnt many hard lessons out of the crisis. The unexpected failure of Lehman Bros.,(September 2008) triggered greater havoc in the markets. Global stock markets fell dramatically and the housing sector suffered heavily triggering drop in prices. The events that followed precipitated the crisis beyond anyone’s imagination. Failure of housing markets, banks, financial institutions, mortgage-lending institutions and insurance entities had its own ‘cascading effect’ on other sectors causing further damage and erosion in shareholders’ wealth, job losses, default on loans and foreclosures.

Researchers in financial markets and risk management institutions articulate on several causes. The most significant among them include lack of understanding of risk management practices, excessive risk-appetite, inadequate policies, procedures & control mechanism, highly complex & risky financial products, failure in governance & internal controls, excessive debt component (high gearing) on balance sheets resulting in poor buffer capital, uncontrolled expansion/predatory lending, CDS market growth, excessive exposure to various risks, weak financial & stress testing models and shadow banking system, among others.

Risk Management! An important Phenomenon!!

The major step for mitigating the above risks should be to identify the different types of risks that might affect an institution. The potential risks include the following:

Business Risk: (Macro policy, legal system, regulatory framework/compliance, country risk, strategic risks etc.,).

Operational Risk: (White-collar crimes, internal and external systems failure, damage to physical assets, delivery and processes etc.,).

Financial Risk: (leverage, inadequate buffer capital, excessive credit, liquidity problems, interest rate volatility, currency volatility etc.,).

In addition, there are many other risks that potentially affect the institutions and their successful functioning. For instance, board failure, management failure, accounting failure, governance failure and regulatory failure do affect the banking and financial institutions putting their survival at risk. (Source: Hennie van Greuning, World Bank Treasury).

For mitigating and minimizing all the above risks, one has to ensure ‘investor confidence’ so that higher volume of investments take place in financial markets.

Against this backdrop, the upcoming conference aims at achieving the following objectives:

a) Improve the current practice in risk management, enhance awareness and understanding of risk management practices in banks and financial institutions;

b) Provide an ideal platform for researchers, economists, bankers and practitioners to network and share their research and practical experience in implementing successful risk management practices in organizations.

c) Sufficiently safeguard institutions from business, financial, operational risk-related failures and avoid exposure to such risks in the future;

d) Suggest suitable risk management systems so that the future of banking and financial systems is quite safe.

Others Details

For more details and updates please visit conference website

Registration Fees
Available
Registration Fees Details
Author - US$350 co-author/Research Scholar - US$300 For more details and updates please visit conference website
Registration Ways
Other
Address/Venue
  Al Murooj Rotana Hotel, (Opposite to Dubai Mall), Al Saffa Street, P.O. Box 117546, Dubai - UAE. 
Official Email ID
Contact
Dr. Elango Rengasamy

Office No. 102-30, Eiffel Business Tower, Emirates NBD Building, Al Mamzar Area, Dubai-UAE.

[email protected]

   +971 55 1696221      +971 4 3403178