Fact checked by Suzanne KvilhaugReviewed by David KindnessWhat Is a Risk Management Framework (RMF)?All companies face risks. Without taking some degree of risk, they may have little chance of staying ...

Past financial crises have shown businesses worldwide why proper financial controls matter. From market downturns to global ...

More than ever, companies need an effective framework for managing business risk, and to position risk management as a source of competitive advantage. Companies are likely to benefit from an ...

The first step in small business risk management is figuring out what risks the business might face. Risks come in many forms ...

The Board of Directors (the BoD) approves the risk management and control framework of the Group, including the Group and business division overall risk appetite. The BoD is supported by its Risk ...

For business leaders, managing risk in the midst of a global ... Through the introduction and discussion of a risk management framework, we will consider the central elements of this process for ...

Following the Covid pandemic, organisations have deliberately reduced the impact of supply chain disruptions on their ...

By Emilios CharalambousThe Digital Operational Resilience Act (DORA) is set to come into effect soon, reflecting the European Union (EU) regulators’ efforts to strengthen the IT security of financial ...

And knowing how to manage these potential interruptions is essential for any risk management plan. To keep a small business afloat, a predetermined blueprint must be in place to identify risks ...