OSFI speech about role of culture in effective risk management
Speech by Jeremy Rudin, Superintendent, Office of the Superintendent of Financial Institutions (OSFI) of Canada. Discusses role of culture in risk management, specifically an institution’s norms, attitudes and behaviors related to risk awareness, risk taking and risk management and how these reinforce, or undermine, responsible risk management. Ideal culture consistently supports risk awareness, prudent behaviors and judgments about risk-taking, and reinforces risk governance framework.
Publisher:
National Regulators
Release date:
Jun 2015
Country:
Canada
Type:
Others
Topics:
Risk management, Corporate governance
Sectors:
Pensions
|