IABFM Articles

The Dimensions of Risk - January 1999 (December 2006) | Risk Management
by Michael Vincent

Welcome to the New Year, by all accounts it should be a reasonable one for Australia and Australian industry. If so it is a chance for us as a country to get things right in the good times so we may suffer less in the bad which will surely come. Risk management is becoming increasingly important but todate is still not recognised as a worthwhile discipline for the majority of Australian companies. ...[ Read More ]

The Dimensions of Risk - July 1998 (December 2006) | Risk Management
by Michael Vincent

The study was conducted by Bevan Brown, from Adelaide and is titled “International Insurance, Due Diligence Controls” the major aim of the project was to identify the legislative requirements that a company will need to observe to be authorised to carry out business in various part of the world. In order to research the above topic it was assumed that the requirements of each nation are different; accordingly the industry is in need of a method to readily establish the minimal technical and legislative requirements of each area of influence. ...[ Read More ]

The Dimensions of Risk Management - July (December 2006) | Risk Management
by Michael Vincent

The report focused on wholesaling of foreign currencies to various types of businesses involved in the travel and tourist industry. Examples of the types of entities are, automobile associations, airlines, government, travel agents and other financial institutions. ...[ Read More ]

The Dimensions of Risk - June 1999 : Risk Management – an educational perspective (Part Two) (December 2006) | Risk Management
by Michael Vincent

Last time we looked at the various aspects of risk and put forward a series of definitions to focus the mind on the facets that can be termed risk. Is risk good or bad and how as managers we need to answer that question on a case by case and event by event basis. ...[ Read More ]

The Dimensions of Risk - March 1999 (December 2006) | Risk Management
by Michael Vincent

This month we look at the local government sector, this is a frequently ignored area of government but in reality the one that has the most direct effect on our day to day living environment. The basic services of life are supplied by local government but beyond the collection of rubbish and the registering of animals we probably don't give it a second thought. ...[ Read More ]