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Unicredit and Invesco say culture is key and can be measured

Corporate risk culture underpins conduct risk management and culture itself can be measured and assessed, according to speakers at OpRisk Europe today

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Measuring culture: people are 'a big variable in operational risk'

Banking and buy-side speakers at the OpRisk Europe conference in London today (June 11) emphasised the centrality of risk culture and argued that it could be reliably measured and managed if the right metrics were used.

Massimo Cregut, head of global audit methodologies at Unicredit, told the audience: "Operational risk is linked to internal controls, which are based on policies, processes

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