Risk appetite statements 'most effective tool' for CROs

Regulatory initiatives welcomed by Australian financial services industry

A Swiss Army knife with the Linux penguin logo

A risk appetite statement is the chief risk officer's (CRO) "most effective tool" to engage with the front line of the business to ensure that revenue and risk goals are most closely aligned, according to Bart Hellemans, who heads ING Direct's risk function in Australia.

The CRO was speaking on a panel at the Risk Australia conference, held in Sydney yesterday where he commented on recently introduced regulatory standards intended to improve risk management among financial firms. The use of a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here