As the risk function has shifted from a largely back office operation with little influence to be more strategic, regulatory agencies are insisting that these functions be structurally independent and staffed with strong talent.

New forms of risk now have new and sometimes fancy names. Phrases like “regulatory risk,” “reputational risk” or “key man risk” are very much part of the vocabulary within financial services, but also just as applicable to any business.

These examples clearly illustrate how inter-connected all forms of risk are today. This is quite evident in the work we do for our clients, whether talking to a board director, CEO, business or functional leader. In some cases, this convergence resuls in new structures or reporting lines within financial services.


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Lisez la suite dans finyear magazine de février 2014