KOLEJ

UNIVERSITI TUNKU ABDUL RAHMAN

FACULTY OF ACCOUNTANCY, FINANCE AND BUSINESS
SEMESTER MAY 2016/2017
BBMF 4823 RISK MANAGEMENT
BACHELOR OF ACCOUNTING (HONS)

An Individual Take Home Assignment


NOTE: 10 MARKS WILL BE DEDUCTED FOR FAILURE TO INCLUDE THE
ASSESSMENT GRID, SAFE ASSIGN AND OTHER UNIVERSITY REQUIRED
DOCUMENTS.

The rate or percentage of similarities as plagiarism (excluding identical
statements that are acknowledged AND REPHRASED) SHOULD NOT EXCEED
20%. ACADEMIC DISCIPLINARY ACTIONS WILL BE TAKEN AGAINST WORKS
BREECHING THE PLAGIARISM REQUIREMENT.

Instructions: Headlines about a famous Switzerland related bank in Singapore
have been crowding most headlines since Mid-May 2016. A Bloombergs report
dated June 2nd, 2016 goes Singapore crackdown on BSI Bank Signals Cost Jump
for Private Banking in Asia alarmed peer players from the banking and financial
industry to be extremely watchful over any misconduct or negligences which
could lead to disaster such as this one, faced by the bank. Read and comprehend
BSI Bank (Singapore) case. The case is given as the courses handout. Then,
with your understanding complete the requirements below. Please refer to
FORM C for the submission deadline. The number of pages for this assignment
should not exceed 10 Pages. The number of pages cantaining the appendices
(extra materials, tables, figures and so on.) do not form part of the total number
of page restriction.
Here are some guidelines for ways you could break the total number of pages of
your work. You could arrange your contents as follow;
Proposed
Marks
Marks
Sections
Contents
number of
Apportioned
Assigned
pages
Introduction

A brief summary
about the event or
what are the unique
events undergone by
BSI Bank of
SIngapore. It entails
Part A
1.5 page
15 marks
the summary of the
occurences/
incidences undergone
by the company,
Arrange your writeup
CHRONOLOGICALLY.

Part B

Part C

Risk Categories
Risk is of paramount
importance to an
organization which should
be managed with care and
diligence. However, due to
poor management, some
risks were ignored. List
and classify the type of
risks faced by BSI Bank of
Singapore. Detail your
descriptions by giving
evidences from the case to
support your
justifications.
Section 1: Risk Appetite
Based on your analysis and
opinion, what is the amount
(or level: highly
speculative/ moderately
high/ somewhat risky/
neutral/ less risky/
moderately risky/ highly
conservative) of risk BSI
Bank of Singapore is willing
to pursue for value to its
shareholders? Construct a
(ONE) paragraph for this
purpose.
HINT: It is directly related to
the companys strategies or
actions expressed in the
organisations attitudes
towards short term and long
term growth, its pursuit for
returns and existing
resolutions in risk
management.

Section 2: Risk Culture
This is a set of shared
attitudes, practices and
values defining how an
entity manages and
considers risk in its daily
activities. Based on your
comprehension and
analysis, explain BSI Bank
of Singapores risk culture

2 pages

25 marks

3 pages

35 marks

Conclusion

.
HINT: This could include
a set of companys
practices or attitudes like
its rewards system or
sanctions for risk taking
or risk-avoiding
behaviour.

Section 3: Suggested
Risk Management
Approach (Pre-, During,
Post-)
You may suggest
potential actions which
had not been
considered by the
company or
implementations that
have taken place but
not properly executed,
thus leading to the
disaster its disaster.
You may eleborate the
above based on the
three sequences of
events. You may want
to categorize your
suggestions based on
the three phases of the
occurances of an event
such as these; (a)preoccurance, (b)during
the disaster and/ or
(c)post-event.
Note: You need NOT
include all the THREE (3)
phases in your
assignment. These are
only recommendations
which you could adopt
and are not compulsory,
as long as you have
included your opinions
for improvements for the
comapany and the
management.

Write a conclusion to

1.5 page

15 marks

References
Readability
Presentable

summarize your work.

Your summary should
also include your
suggestions which the
company or peer
companies could do to
prevent such future
catastrophy.
Harvard Referencing Style
Writing style, interesting,
ideas are arranged
systematically, having
rational flow
The overall impression of
your work. Neat,
consistent, justified
indent, tables and idea
tabulation whenever
necessary, diagrams to
illustrates facts and
figures and etcetera.
Note that some of you
may have additional
materials as
bibliographies or
something youd want to
share in your write up.
Put these materials in
your Appendices. The
number of pages
cantaining the appendices
do not form part of the
total number of page
restriction (i.e. 10 pages).
Total

References:
2 pages

10 marks

10 pages (in
approx)