FMIs create culture club for op risk
Exchanges and clearing houses seek to build risk resilience among front-line business, amid concerns of overreliance on second line of defence
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Risk management blow-ups such as Archegos or Silicon Valley Bank are usually followed by the whooshing sound of bucks being passed from team to team, individual to individual in a spree of blame-laying.
But, as risk experts interviewed for the latest Operational Risk Benchmarking survey agree, risk is the responsibility of every member of staff in a
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