In this brief blog post we look at a recent finding from the Central Bank of Ireland (CBI) regarding the absence of a standalone risk appetite statement, and at what and how the CBI expects this issue to be addressed. This is not a template for a risk appetite statement because no two organisations are the same. However, it will give you the necessary understanding of what is required in a risk appetite statement so that you can then create one tailored to your organisation.
Recent News
CalQRisk Wins Best RegTech Solution at National Fintech Awards
CalQRisk, a leading provider of Governance, Risk & Compliance solutions has won the ‘Best Regtech Solution Award’ at ...
Read More CalQRisk shortlisted in National Fintech Awards
The CalQRisk solution is shortlisted for ‘Best Regtech Solution Award’ at the inaugural National Fintech Awards. The National ...
Read More CalQRisk shortlisted in 2023 CIR Risk Awards
Having won ‘Risk Management Product of the Year’ at the 2022 CIR Risk Management Awards, CalQRisk is now ...
Read More From Risk Capacity to Risk Appetite
Risk Capacity is the maximum amount of risk that an organisation is technically able to assume before breaching ...
Read More SMT automates their approach to Risk Management with CalQRisk
SuMi TRUST Global Asset Services (“SMT”), a subsidiary of Sumitomo Mitsui Trust Bank Limited, one of the largest ...
Read More Digital Operational Resilience for the Financial Sector Act (DORA)
The Digital Operational Resilience Act (DORA) entered into force on 16th January 2023. It outlines EU regulations for information ...
Read More 8 Things to Consider in a Data Breach Response
A data breach can lead to reputational damage, financial losses and much more. By effectively preventing and investigating ...
Read More The Golden Thread – Governance, Risk & Compliance
A joined-up approach to governance, risk and compliance (GRC) is something all GRC practitioners aspire to – but, ...
Read More Dark Patterns, Hidden in Plain Sight
If you’ve spent any time on the internet, chances are you will have experienced ‘Dark Patterns’ and may ...
Read More Over 100 Credit Unions Now Using CalQRisk
CalQRisk now has over 100 credit unions actively using their Governance, Risk Management and Compliance solution across the ...
Read More