
Cebs releases high-level risk management principles

LONDON – The Committee of European Banking Supervisors (Cebs) is expanding its corporate governance guidance for EU banks and supervisors. It has published a paper of high-level risk management principles covering governance requirements, and plans to fill in the gaps in its existing guidance, focusing on specific areas of risk management.
Topics to be addressed in greater detail include governance and risk culture, risk appetite and tolerance, the role of the chief risk officer and risk
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