Quantitative ERM 101
Why bother with Quantitative ERM — and why now? Because emerging disclosure standards require us to show, in numbers, how our business holds up under structural shifts in policy, markets and technology. Qualitative labels can’t express magnitude, likelihood or impact — which means we can’t demonstrate resilience in our future prospects or sustainability. With IFRS S2 now in force across regional exchanges, ‘prospects’ are defined in hard terms: future cashflows, cost of capital and...
A Simple Way to Understand Risk Management
Forget about textbooks, standards, and jargon. If you can grasp this, you’re ready to manage risks. The Elements of Risk Politics — Mass...
Winston Peng
