IOR issues new guidance on governance in risk management
OR&R gets an exclusive preview of guidance paper from the Institute of Operational Risk to be issued on 15th.
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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