Risk management still neglected in Asia, says PwC


The risk discipline is still "somewhat neglected" in the Asia-Pacific region despite increasing risk management requirements imposed on financial institutions by regulators, according to new findings by PricewaterhouseCoopers (PwC).

The professional services firm found in a survey, published in March, that there are notable differences between the approach taken in developed economies, such as Hong Kong and Singapore, and in emerging ones, such as China and Indonesia.

What is surprising, says the

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