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Building an invisible framework for risk management

Risk professionals need to alleviate the burden of the risk management framework on the business by operating an "invisible framework", allowing the management of risks in a more natural, implicit and proportionate way

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Recent years have seen the development of a multitude of risk management frameworks of all shapes, colours and forms, general or specific, complex, multidimensional or basic. In the face of the mounting jargon and technicality of the risk management profession, it is important to remember three fundamental roles of the risk function – none of them to do with vocabulary and techniques, or even with

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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