The three lines of defence is a risk governance framework that splits responsibility for operational risk management across three functions. Individuals in the first line own and manage risk directly.

See risk management and risk mitigation. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.

Risk management minimizes both risk and costs. See risk assessment and risk mitigation. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.

A proper risk management strategy protects traders from catastrophic losses. This means determining your risk appetite, knowing your risk-reward ratio on every trade, and taking steps to protect ...

Of the main areas of risk management, operational risk has the shortest history, with the industry beginning to give it serious consideration only 25 years ago. In that time, the industry has made ...

In a thought-provoking webinar session hosted by techUK, industry experts came together to explore the critical intersection of risk management frameworks (RMF) and digital ethics. The panel, ...