Focused on keeping our members and the media up to date with communications on the latest developments and advancements at GRI


Providing you with the latest news, press releases and announcements from Global Risk Institute.
Please direct all media enquiries to David Moorcroft @ / 416-727-1858

The Global Risk Institute Announces Launch of New E-Learning Program

DECEMBER 29, 2014 GRI’s new e-learning program, available from late February 2015, will allow our members to access risk knowledge from desktop computers and mobile devices, enhancing understanding of financial risk management across their organizations. The first course to launch will look at model risk, and will offer three short (20 minute) animated modules on… View Article

New Registration Process for Global Risk Institute Workshops

DECEMBER 19, 2014 Increased demand to attend GRI workshops in recent months has led us to revise the registration process to ensure fair access to our workshops for all our members. We now ask those interested in attending our workshops that you reply to the invitation email to express your interest in attending. All individuals… View Article

Report From November 20 Research Workshop: Extreme Risk and Model Risk – A “Learning by Failing Approach”

NOVEMBER 26, 2014 While regulators have required that financial institutions assess model risk, there is no accepted approach for computing such risks. In this presentation, Professor Bertrand Maillet proposes a remedy for this lacuna via a general measure for estimating model risk which involves adjusting imperfect risk forecasts by outcomes from back-testing results. Professor Maillet’s… View Article

Global Risk Institute President and CEO Quoted by Bloomberg

NOVEMBER 12, 2014 GRI’s President and CEO, Dr. Michel Maila, was quoted by Bloomberg News in their recent review of the role of hedge funds in the bond market. To read the article in full, please click on this link:

Global Risk Institute Comments on ECB Stress Test Results

OCTOBER 27, 2014 Commenting on the results of ECB stress tests of European banks released on Sunday, October 26, Dr. Michel Maila, President and CEO of the Global Risk Institute in Financial Services, said: “This is a step in the right direction, albeit belatedly. On the basis that it’s never too late to do the… View Article