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Basel risk tutorial for banks (The Telegraph)
Mumbai, Oct. 15 : The Reserve Bank of India today asked commercial banks to put in place a framework that would ensure management of operational risk as an independent function within the organisation.

People on the move (San Jose Mercury News)
Nancy Long O'Connor Hospital of San Jose appointed Nancy Long vice president of human resources, responsible for developing strategy to align with and support the hospital.

Solutions for When Managers Hijack Your Code?
Slashdot Oct 15 2005 9:43PM GMT

Bank boards must ensure effective operational risk management: RBI (The Hindu)
BANKS should identify and introduce operational risk management as an independent risk management function across all departments. In a guidance note issued on Saturday, the Reserve Bank of India has put the onus of effective management of operational risk on the board directors of banks.

Baring Asset Management launches EMEA hedge fund (AME Info)
Baring Asset Management announces the launch of its third long/short equity hedge fund; the Baring EMEA Absolute Return Fund.

India seeks better immigration management (The Economic Times)
XIANGHE: India appealed on Sunday to the international community to shift its undue emphasis from "immigration control" to "better immigration management" to achieve the goal of sustainable economic development.