Regulation not key driver for ERM within Nordics


The move to enterprise risk management (ERM) in the Nordic countries is being driven more by company management than by regulators, according to survey results from the Swedish Risk Management Association (Swerma). This contrasts with the Nordics' counterparts elsewhere in Europe, which are implementing ERM systems because regulation such as Solvency II is forcing them to do so, says Torgny Bogarde, deputy chair of Swerma and a partner in ERM consultancy Allevo, based in Stockholm.

"If you

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