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Bridging the Gap: How Risk Managers Empower Boards

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Bridging the Gap: How Risk Managers Empower Boards Last Updated: April 5, 2024 Welcome to the first installment of our series on presenting Enterprise Risk Management (ERM) to the board. Increased Pressure for ERM Reporting The landscape of Enterprise Risk Management (ERM) reporting is experiencing a significant shift.

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Thinking Forward: Enterprise Risk Management for 2024 & Beyond

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Thinking Forward: Enterprise Risk Management for 2024 & Beyond Last Updated: January 12, 2024 Going into 2024, practitioners and managers of Enterprise Risk Management programs are under more pressure than ever. For a long time, the approach to enterprise risk management has been driven by past indicators and performance.

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Strategic Risk Management

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Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.

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

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What is the Three Lines of Defense Approach to Risk Management? The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. Their primary role is to identify, assess, and manage risks as an integral part of their daily operations.

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Thinking Forward: Enterprise Risk Management for 2024 & Beyond

LogisManager

Thinking Forward: Enterprise Risk Management for 2024 & Beyond Last Updated: January 11, 2024 Going into 2024, practitioners and managers of Enterprise Risk Management programs are under more pressure than ever. For a long time, the approach to enterprise risk management has been driven by past indicators and performance.

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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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Failure in Risk Management: The Turbulent Times of Boeing Airlines

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Boeing Airlines finds itself amidst a storm of legal challenges, grappling with a series of incidents highlighting systemic issues in its risk management practices. Why is the glaring lack of records a risk management problem for Boeing? What are the consequences of Boeing’s failure in risk management? Because it is negligence.