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The Chartered Insurance Institute (CII) has released a new think piece - Back to basics: Rethinking Risk Management and Regulation in a post-crisis world. The think piece, written by Dr Simon Ashby, associate professor in financial services at the Plymouth Business School, focuses on the global financial crisis and its implications for the management of risk. The global financial crisis has drawn attention to a number of weaknesses in the operation and management of certain financial institutions, markets and regulators. The think piece investigates the views of risk managers in the financial sector and what they think are the causes of the crisis and the lessons to be learned. With widespread changes to the UK's regulatory framework, now is an opportune moment to reconsider how firms should assess their culture and behaviours. |
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