Risk Management Legal Aspects of Capital Markets and Pensions

Good governance and good management require careful attention to internal and external risks. This session will provide an overview of risks arising from money laundering, terrorism and bribery in capital markets and pension schemes.

Capital market development is an important component of financial sector development and supplements the role of the banking system in economic development. Specifically, capital markets assists in price discovery, liquidity provision, reduction in transactions costs, and risk transfer.
Pension funds should provide proper risk management to ensure that the retirement income of their members is safeguarded. To do this, pension funds should have appropriate risk management policies that safeguard the replacement rate, investment safety and time-based risks such as inflation.