WHAT WE DO
ERM is a holistic approach to risk management and helps in identifying, quantifying and treating all risks facing an organization. It is a critical pillar of corporate governance and takes into account dependencies of risks across various activities of an organization. This process improves clients efficient capital deployment and Managements understanding of the risks and thus supports in informed decision making.
With the increased focus of Regulators and Rating Agencies in the recent times, Enterprise Risk Management has gained prominence in the region.
We at Lux provide tailor-made solutions to our clients to support their profitability, growth and regulatory compliance.
Some of our main offerings include:
On 23 December 2022 the Central Bank of the UAE published Model Management Standards and Guidance. The Standards present mandatory modelling practices to be implemented by banks in the UAE and cover general standards applicable to all models as well as specific requirements for the application of these standards. The supplementary Guidance contains recommended principles related to technical aspects specific to certain model types.
East Africa and Kenyajoseph.email@example.com
North Africa - Egyptahmed.firstname.lastname@example.org
North Africa - Francophonemohammed.email@example.com
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