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FRC: Risk Coalition opens consultation on risk guidance

The Risk Coalition has recently opened a consultation on the principles and guidance for board risk committees and risk functions in the UK financial services sector. 

The Risk Coalition is a network of not-for-profit professional bodies and membership organisations committed to raising standards of risk governance and risk management in the UK.

Inadequate risk governance and oversight is frequently at the heart of financial services failings.

Short-comings in risk management are likely to take on greater significance as new technology and macro risks emerge. The need for effective risk arrangements has never been more important. 

You can download the consultation here.  

The consultation closes on 20 September 2019.

Contact the Press Office

William BoyackCommunications Manager

 

Original article link: https://www.frc.org.uk/news/july-2019/risk-guidance-initiative-soft-consultation-draft

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