Lessons Learned from the 1st Line Risk & Control Professionals Deep Dive
THE 1ST LINE RISK MANAGEMENT
Intelligence for Risk & Control Professionals and our good friends hosted an event earlier this year to share observations specific to the 1st line of defense. Here are my key findings from the event and the report that followed.
Risk management is a vital strategy for every organization and should be regarded as an equal partner for all proactive aspects of the business. Operational Risk Management Needs to be overhauled 3-lines model The current risk and control selfassessment process requires revision.
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