Regulatory risk management is undergoing a significant transformation as organisations face increasingly complex regulations, technological disruption and growing expectations around governance and accountability. The role of regulatory risk professionals is moving beyond traditional compliance monitoring towards a more strategic function Read More …
Tag: Risk Culture
The Evolution of Regulatory Risk Management: From Compliance Function to Strategic Capability
Risk Management Is Not Fear Management
Effective risk management is not about creating fear or avoiding every possible uncertainty; it is about helping organisations make informed decisions while balancing opportunities and potential threats. Modern risk management focuses on understanding uncertainty, preparing for challenges and enabling businesses Read More …
RMAI Conducts Enterprise Risk Management Training for Druk Holding & Investments Bhutan
The Risk Management Association of India (RMAI) successfully conducted a three-day Enterprise Risk Management (ERM) Training Programme for Druk Holding & Investments Limited (DHI) and its portfolio companies from 22 to 24 July 2026 in Bhutan. The programme brought together Read More …
EY Report Outlines Three Strategic Priorities for Insurance CROs in 2026
According to a new EY report, Chief Risk Officers (CROs) in the insurance sector must focus on three strategic areas in 2026 to enhance resilience and support business performance: building a strong risk culture, advancing digital and data capabilities, and Read More …
RBI’s Draft Guidance on Regulatory Principles for Model Risk Management (2026)
Preparing India’s Financial Sector for Responsible Artificial Intelligence and Model Governance Executive Summary The Reserve Bank of India’s Draft Guidance on Regulatory Principles for Model Risk Management (MRM), released in June 2026 for public consultation, is one of the most Read More …
Risk Culture: The Invisible Control Framework
When major corporate failures occur, investigations often reveal a familiar pattern. Policies existed. Controls were documented. Committees met regularly. Reports were submitted. Yet warning signs were ignored, concerns were not escalated, and risks continued to build until they eventually materialised Read More …
Online Certificate Course on Risk Management Culture: Building Risk Awareness
Even the best risk frameworks fail when culture is weak. This 5-hour online course by Smart Online Course helps professionals understand how risk management culture – not just policies or controls – determines real-world outcomes. From leadership tone and group dynamics Read More …
Why ERM Frameworks Fail: Culture, Ownership & Governance
Today, Enterprise Risk Management (ERM) frameworks have become embedded in organizational governance structures. Many organizations proudly reference ISO 31000, COSO ERM, or internally designed risk frameworks in their policies, annual reports, and board presentations. On paper, everything looks structured and Read More …
The CEO’s Role in Enterprise Risk Management: Strategic Leadership Essential
In today’s complex business environment, the role of the Chief Executive Officer in guiding enterprise risk management (ERM) has become a strategic imperative rather than a regulatory checkbox. As organisations grapple with a widening array of risks—from cyber threats and Read More …
What Is Enterprise Risk Management (ERM)? A Beginner’s Guide
Risk is a part of life—and business is no exception. From financial losses to cyberattacks and supply chain delays, companies face risks every day. So how do smart businesses prepare for the unexpected? Enter Enterprise Risk Management (ERM)—a powerful system Read More …