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Bridging the Gap: How Risk Managers Empower Boards

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Stay tuned as we delve into the art and science of ERM reporting, strategy alignment, and the pivotal role of risk management in contemporary corporate governance. Directors are entrusted with the duty to act in the best interests of the corporation and its shareholders, which includes the duty of care, good faith, and loyalty.

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Thinking Forward: Enterprise Risk Management for 2024 & Beyond

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At the same time, the spotlight is on corporate governance, the set of principles guiding businesses in being accountable, transparent, fair, responsible, and risk-aware. ERM is an essential component of corporate governance and is crucial for navigating today’s dynamic risks and regulations.

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How Banks Can Prepare for the FDIC’s Proposed Standards

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In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure.

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Thinking Forward: IT Governance & Cybersecurity for 2024 & Beyond

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eBook Download: A Guide to Improving Your Cybersecurity Risk Management Program Learn how to improve your cybersecurity program with a step-by-step roadmap and tactical tips for engagement from the front lines to the C-Suite in this free guide. Doing so will allow you to not only protect your systems and processes, but also your reputation.

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Thinking Forward: Enterprise Risk Management for 2024 & Beyond

LogisManager

At the same time, the spotlight is on corporate governance, the set of principles guiding businesses in being accountable, transparent, fair, responsible, and risk-aware. ERM is an essential component of corporate governance and is crucial for navigating today’s dynamic risks and regulations.

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What is the Three Lines of Defense Approach to Risk Management?

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The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes business units, departments, and individuals directly responsible for managing and executing processes and activities that generate risk.

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How ERM Can Save Your Business from Remote Work Disasters

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There is a line of thought that corporate workers, remote or onsite, are prone to laziness, shortcuts, and misrepresentation of their activities, all for the pursuit of their inherently selfish needs. Leaders need to pivot from merely ensuring employees are present to actively assisting them in prioritizing outcomes over outputs.