PRMIA, in partnership with Capital Market Risk Advisors (CMRA), recently issued a report highlighting the results of a comprehensive benchmarking survey on the risk governance practices of banks, insurance companies, asset managers, hedge funds, and pension funds/institutional investors.
This report illustrates that risk governance is an evolving process and provides an in-depth look at the approach financial institutions are currently taking to risk governance and the plans they have for the future.
Some of the survey's principal findings were:
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