Risk Appetite Statements: Why You Need Them and How to Write Them
A risk appetite statement is a formal document that articulates an organization’s willingness to accept risk. It defines the organization’s attitude towards risk and provides
A risk appetite statement is a formal document that articulates an organization’s willingness to accept risk. It defines the organization’s attitude towards risk and provides
We’re asking the tough questions. What is the best ERM technology stack configuration for risk management? The answer, however, is that it depends. There are
There are a lot of risk management frameworks out there. So many, in fact, that it can be hard to keep track of them all—let
Regulatory horizon scanning is the process of monitoring, identifying and assessing regulatory changes that may impact your organization. It helps you to be proactive in
The Sarbanes-Oxley Act (SOX) was passed in 2002 in response to the Enron scandal. SOX compliance is a set of regulations that public companies must
Risk management is the process of identifying, assessing, and mitigating risks to an organization. In the telecommunications industry, risk management is essential to maintaining a
The financial technology (fintech) startup sector has seen remarkable growth in recent years, with new and innovative companies emerging to challenge traditional banking institutions. This
In healthcare, change is constant. Whether it’s the introduction of new technologies, the shifting of reimbursement models, or changes in the regulatory landscape, organizations must
Model risk management (MRM) is the practice of identifying, assessing, and managing risks that may arise from the use of models. A model is a mathematical representation of real-world data or events. Models are used in a variety of industries, including banking, insurance, investing, and manufacturin
In the world of banking, compliance management is essential. By implementing a compliance management system, banks can streamline the process of ensuring that their employees
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