Craig's freelance blog » Risk management

A return to real governance

Craig — Thu, 26 Aug 2010 04:00:28 +0000

Article published in Risk magazine: A return to real governance.

Boards’ focus in the economic crisis post-mortem should be on returning to “real” governance. See the full article here …

Getting to grips with social media risks

Craig — Wed, 25 Aug 2010 04:46:51 +0000

Article published in Risk magazine: Getting to grips with social media risks.

Many companies are struggling to keep pace with developments in social media – let alone the potentially significant associated risks. See the full article here …

Tapping into corporate fraud

Craig — Thu, 29 Jul 2010 09:44:49 +0000

Article published in Risk magazine: Tapping into corporate fraud.

Fraud is on the rise across Australia – and is costing companies billions of dollars every year. Craig Donaldson looks at the latest trends in fraud post GFC, how Boards and executives can tackle the issue and key steps for risk professionals in embedding an effective anti-fraud culture across their organisation. See the full article on page 16 (free subscription required) …

Stemming NRL salary cap scandals

Craig — Thu, 29 Jul 2010 09:28:20 +0000

Article published in Risk magazine: Stemming NRL salary cap scandals.

The Melbourne Storm salary cap scandal is the latest to beset the NRL, bringing into question the credibility of its risk management and compliance processes. See the full article here …

Building a culture of compliance

Craig — Fri, 09 Jul 2010 03:28:07 +0000

Article published in Risk magazine: Building a culture of compliance.

While companies are getting better at compliance, compliance professionals need to take a more active role in securing the support of Boards and management. See the full article here …

Good risk managers and badly behaving CEOs

Craig — Sun, 27 Jun 2010 23:50:19 +0000

Article published in Risk magazine: Good risk managers and badly behaving CEOs.

There are a number of lessons for risk managers about cultures of bullying and harassment in the recent resignation of David Jones’ chief executive. See the full article here …

Be prepared with business continuity

Craig — Wed, 23 Jun 2010 23:58:51 +0000

Article published in Risk magazine: Be prepared with business continuity.

Business continuity planning leaves a lot to be desired at some companies. Craig Donaldson looks at some of the latest trends and examines how companies can get up to speed with good business continuity. See the full article on page 16 (free subscription required) …

Corruption comes to surface in Securency scandal

Craig — Tue, 22 Jun 2010 23:51:10 +0000

Article published in Risk magazine: Corruption comes to surface in Securency scandal.

Allegations about widespread bribery and corruption at Securency, a Reserve Bank of Australia subsidiary which produces and supplies polymer banknotes, have raised serious concerns about the company’s management and corporate culture amidst an ongoing Australian Federal Police (AFP) investigation. See the full article here …

The risks of relying on credit agencies

Craig — Fri, 23 Apr 2010 04:16:48 +0000

Article published in Risk magazine: The risks of relying on credit agencies.

Former Citigroup leaders recently claimed that they didn’t look too closely at mortgage assets in the lead up to the GFC because they were AAA-rated, bringing into question both the credibility of credit-rating agencies and the internal risk processes of banks globally. See the full article here …

Laying down the internal audit law

Craig — Tue, 20 Apr 2010 08:39:23 +0000

Article published in Risk magazine: Laying down the internal audit law.

The Institute of Internal Auditors Australia (IIA) recently called for non-negotiable risk assurance standards to be introduced for ASX-listed companies. Craig Donaldson examines how public companies fare when it comes to internal audit and looks at the implications of the IIA’s policy in practice. See the full article on page 20 (free subscription required) …