Author Archive

Flagging my risk management in South Korea

Rod’s reach has now extended to South Korea, working with the Green Climate Fund (GCF).  The Green Climate Fund (GCF) is a fund established within the framework of the UNFCCC as an operating entity of the Financial Mechanism to assist developing countries in adaptation and mitigation practices to counter climate change. The objective of the Green Climate Fund is to “support projects, programmes, policies […]

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2018 Blog post # 6 – Mixed messages

The impact of incentives, targets, and/or punitive measures on the management of risk When we go to work, we expect to come home. But tragically that’s not always the case. I rarely refer to cases that involve a fatality or fatalities out of respect for families but I’m compelled in this blog to go to […]

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2018 Blog # 5 – Risk-Based Approach

Introduction It’s always a bit of a giggle when a politician, or a government official makes a statement that they are “taking a risk-based approach” to that issue or policy. It is a well-worn line – but if I had a dollar …… In my observation, it is more than often used as a complete […]

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Hindsight 20/20 #3 – shareholders before customers – nothing can go wrong

During the Banking Royal Commission, we have heard evidence of appalling behaviour by Australia’s major banks and financial planners from the past decade, including alleged bribery, forged documents, repeated failure to verify customers’ living expenses before lending them money, and selling insurance to people who can’t afford it. In one example, ANZ admitted at the royal commission that […]

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