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The Role Corporate Governance Plays in Risk Management

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The Role Corporate Governance Plays in Risk Management Last Updated: June 4, 2024 As an auditor, compliance officer or risk manager, you’re used to balancing the delicate processes that impact your company’s performance. Modern corporate governance practices provide assurance that enables boards to take smarter risks.

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How Banks Can Prepare for the FDIC’s Proposed Standards

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In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. The first line of defense, typically the business units, can use the software to conduct risk assessments, document risks, and develop mitigation plans.

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How to Connect the Dots Between Risks and Goals for Board Insight

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How to Connect the Dots Between Risks and Goals for Board Insight Last Updated: June 4, 2024 Effective corporate governance hinges on the ability to provide the Board of Directors with clear, actionable insights into your organization’s risks and how they impact strategic goals.

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Thinking Forward: IT Governance & Cybersecurity for 2024 & Beyond

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Successful leaders in the IT Governance space will proactively identify and mitigate threats before they can be exploited. Download eBook Regulatory Compliance Expertise Corporate governance is playing a more critical role in risk management than ever before.

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Strategic Risk Management

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This comprehensive guide provides insights into the proactive processes of identifying, assessing, and mitigating risks associated with strategic decisions. Strategic risk management is a process designed to identify, assess, and mitigate potential internal and external risks associated with strategic decisions.

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How ERM Can Save Your Business from Remote Work Disasters

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Strong corporate governance and a risk-based approach are the best way to address remote work risks by facilitating accountability, transparency, fairness, and responsibility. Implementing can help ensure that remote workers remain productive while also mitigating the risks associated with remote work.

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What is the Three Lines of Defense Approach to Risk Management?

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The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. They are the ones who “own” the risk and are responsible for taking actions to mitigate it. Download Now How Can Organizations Implement the Three Lines Model?