The IRMSA South Africa 2020 Risk Report is now available. It includes a robust “look-back” analysis of the risks included in previous editions (2015 to 2019). In addition it evaluates key current developments and forward-looking views and consider the scenarios. From this, IRMSA defines the 12 top risks South Africa will face in 2020. The …
Risk management is developing into a strategic function within European organisations. At the same time, risk management can contribute much more as its strategic role grows. Currently, risk managers are not satisfied with the level of mitigation for six of the top 10 risks “that keep their CEO awake at night”.
These are key findings from the 2014 Risk Management Benchmarking Survey conducted earlier this year by the Federation of European Risk Management Associations (FERMA). Now its 7th edition, the FERMA Benchmarking Survey this year received a record number of 850 responses from 21 European countries.
The Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded to increased EU requirements for more corporate transparency with a new joint guidance document on the 8th Company Law Directive launched today at the FERMA Seminar.
The title ‘risk manager’ means different things in different contexts: a mathematics PhD doing elaborate algorithms for a bank; an engineer responsible for oil rig performance and safety; or the person who coordinates the view of risk across the whole enterprise.
The International Federation of Insurance and Risk Management Associations (IFRIMA) would like the views of FERMA members on whether certification for ISO 31000 should be introduced. This follows a discussion by the IFRIMA board held during the annual conference of the Risk and Insurance Management Society (RIMS) in Philadelphia in April. Of 10 regional and …
FERMA – January 30, 2013 Many companies still do not devote sufficient attention to cyber risks, despite an increase in frequency, scope, and sophistication – and harsher penalties for lack of regulatory compliance and loss of sensitive data. This finding comes from research conducted in association with the Federation of European Risk Management Associations (FERMA) …
FERMA – October 22, 2012 Maturity of risk management processes is correlated with sustainable improvements in corporate performance, the 2012 Risk Management Benchmarking Survey of the Federation of European Risk Management Associations (FERMA) has revealed. The results of the survey, conducted in cooperation with AXA Corporate Solutions and Ernst & Young, were announced today (Mon) …