IOR issues new guidance on governance in risk management

Good governance is a vital cornerstone to effective operational risk management, according to a new guidance paper from the Institute of Operational Risk (IOR).

Seen exclusively by Operational Risk & Regulation, the IOR's third sound practice guidance paper stresses the need for governance structures to co-ordinate risk management across an organisation.

The guidance paper argues that robust risk governance is vital for operational risk management to be successfully embedded throughout

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