Banks treat ERM as compulsory – even when it isn’t
More than 80% follow supervisory guidance or expectations for ERM, benchmarking shows
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Enterprise risk management is not always explicitly mandated, but banks act as if it were. Among institutions without a mandate, four in five said they closely or partially align to supervisory guidance or best-practice expectations.
Across the full sample, 93% of firms said their ERM function engages with regulators – for example, through stress
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