The dark side of the current robust economy

Global Risk Watch Vol.26 May 2017

Risk intelligence e-Newsletter provides an overview of various corporate management risks from a global perspective featuring key events that occurred over the past month and need to be carefully examined for risk management purposes. The Center for Risk Management Strategy (CRMS) as part of the global Deloitte Tohmatsu Group provides you with experienced analysis on risk management and financial regulation.

Overview Macroeconomic and Financial Risks

# The dark side of the current robust economy
Tsuyoshi Oyama, Partner/Head of Center for Risk Management Strategy(CRMS) at Deloitte Touche Tohmatsu LLC/Deloitte Asia Pacific Risk and Capital Management Leader 

The risk-on trend is regaining momentum in the stock markets of advanced countries, which have once looked losing steam due to political turmoil, rising geopolitical risks and some uncertainty over the U.S. economy.

*Please download the full article


(PDF, 195KB)

Overview of Development in Financial Regulations

# Investigation report on the illegal sales practices of a major financial institution
Yuri Nakano, Senior Manager, Center for Risk Management Strategy at Deloitte Touche Tohmatsu LLC

In September 2016, the Consumer Financial Protection Bureau (CFPB) charged USD 190 million fine to a major American financial institution for secretly opening deposit and other accounts without clients’ consent.

*Please download the full article


(PDF, 190KB)

Highlight of Indicator for this Month

# Adverse wind creeping up on the stable Asian economy
Toshikazu Kumagai, Senior Staff, Center for Risk Management Strategy at Deloitte Touche Tohmatsu LLC 

The economies of Southeast and East Asian countries saw overall stable growth in the January-March period.
One of the contributing factors was strong export, which was supported by accelerated growth in China and the generally robust economies in advanced countries including Europe.

*Please download the full article


(PDF, 287KB)

Seminars, Conference & Publication

【Outside Lectures & Conference】

# Risk Japan 2017, hosted by Asia Risk (June 6th, 2017 @Shangri-La Hotel Tokyo)
Deloitte Touche Tohmatsu LLC is participating the 10th Annual Risk Japan as a principal sponsor.
At this conference, a wide variety of topics will be discussed, including latest trends in international regulation, their influence on the Japanese financial industry, strategies to reduce market fluctuation risk, practical methods to improve capital efficiency, and revolutionary solutions for diverse risk management.


【Article Contribution & Other Activities】

# Deloitte Touche Tohmatsu Monthly Magazine “Accounting Information” (June 2017 issue) *Only available in Japanese
Deloitte Tsuyoshi Oyama contributed to the magazine’s June issue (released on May 20th, 2017) with an article, “2017 Global Economy Outlook ? Will the Trump market rally begin to rewind?"

# Deloitte CFO Signals Japan : 2017 Q1 *Only available in Japanese
Deloitte has conducted the 7th regular survey on CFOs in Japan.
This survey analyzes the change in awareness of CFOs in a chronological order as well as the latest outlook.
It also investigates the awareness on risk scenarios of Japan and major countries from a macroeconomic perspective.
The hot topics include the impact of digitalization on corporate management and CFOs (survey period: April 3rd to 14th).
CRMS has contributed to the examination part of the survey.

# Hokenmainichi Shimbun Co. Ltd. “Insurance ERM Basics” (published on April 7th, 2017)
Shigeyuki Goto (Director, CRMS) has published “Insurance ERM Basics” from Hokenmainichi Shimbun Co. Ltd.

>For details, please click here. *Only available in Japanese

# ”Brexit Impact from a Macroeconomic Perspective ” available online (from July 1st, 2016) *Only available in Japanese
CRMS provides timely information on the impact and key aspects of Brexit from a macroeconomic perspective on the special website of the Deloitte Tohmatsu Group.

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