Chase Cooper: Controls Appetite: The Other Half of the Risk Framework
Posted: 14 September 2018 | Source: Chase Cooper
Financial services organizations – across all three lines of defence – as well as regulators, investors, and Boards talk a lot about risk appetite today. This is hardly surprising, given the focus that financial industry supervisors have placed on this concept globally. And yet, risk appetite is only half the story. Control appetite is just as important, and within organizations, usually badly neglected.
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