This concept of risk appetite as a means to set a risk management strategy has, I must admit, baffled me since it first started to creep into the vocabulary of risk management. And, frankly, I'm not ...

If risk management is to be meaningful, it needs to deliver actionable information to help people make informed and intelligent decisions. What is risk appetite? COSO defines it as the “amount of risk ...

The International Monetary Fund (IMF) provided technical assistance to Sri Lanka to prepare a Fiscal Risk Statement (FRS) as part of its broader public financial management reforms. In response to the ...

Much like the tale of "The Emperor's New Clothes," where truth is clouded by fear and conformity, organisations encounter similar obstacles in developing their Financial Crime (FC) Risk Appetite ...

Make way for yet another headline-grabbing AI policy intervention: Hundreds of AI scientists, academics, tech CEOs and public figures — from OpenAI CEO Sam Altman and DeepMind CEO Demis Hassabis to ...