The Federation of European Risk Management Associations (FERMA) has announced the launch of a next-generation European Risk Council, aimed at strengthening dialogue between corporate risk managers and policymakers across Europe.
The new council is intended to serve as a strategic platform bringing together senior risk professionals from major European organisations. Its objective is to enhance collaboration on emerging risks, regulatory developments and resilience frameworks affecting businesses across sectors.
According to FERMA, the initiative seeks to provide structured input into European policy discussions on topics such as climate transition, digital risk, supply chain resilience and geopolitical uncertainty. The council will facilitate the exchange of practical insights from risk managers directly involved in enterprise-level risk governance.
The move comes amid increasing complexity in the European regulatory landscape, with businesses navigating sustainability reporting requirements, cyber resilience mandates and evolving capital and insurance frameworks. FERMA indicated that stronger engagement between industry practitioners and regulators is essential to ensure proportionate and effective policy design.
The council is also expected to contribute to knowledge-sharing and best practices in enterprise risk management. By fostering cross-border cooperation, it aims to support harmonised approaches to risk governance within the European Union.
Industry observers view the initiative as part of a broader shift towards institutionalised risk dialogue at supranational levels. As risk interdependencies grow, structured collaboration between corporate risk leaders and policymakers is seen as critical to enhancing economic resilience and strategic foresight across Europe.
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