Читать книгу Non-financial Risk Management in the Financial Industry - Группа авторов - Страница 8

To continue to thrive in an increasingly challenging risk environment, financial institutions need to develop a sophisticated approach to non-financial risk management. This can be done by establishing an institution-specific non-financial risk TOM, which will subsequently allow for a proper definition of risks, creating an integrated view of the 3LoD and building an effective internal control system – informing a sensible executive decision-making that can prevent inevitable risks getting out of control.

This handbook outlines the key ingredients of a non-financial risk TOM for financial institutions. The book sections follow a consistent structure: chapters start with an individual introduction to the topic at hand, followed by a summary of key regulatory expectations across the EU, the US and Asia. Each chapter assesses operational challenges and complexities, and it delivers approaches to define solutions based on industry success factors. Chapters are augmented by practical, hands-on examples from seasoned practitioners. They conclude with the summaries of key takeaways.