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FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from THE EUROPEAN RISK MANAGER REPORT 2020: KEY FINDINGS The Federation of European Risk Management Associations today published the results of the 2020 European Risk Manager Report on 26 June. This is the 10 th edition of the report and represents the widest available information from professional risk managers across Europe. It has taken placed every other year since 2002. TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies.We provide the means of coordinating risk management and optimising the impact of these associations at a European level. HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL CERTIFICATION FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events FERMA TALKS 2021: ''FROM RISK TO RESILIENCE'' VIRTUAL SAVE THE DATE : FERMA TALKS 2021 : From risk to resilience – Learning to deal with disruption VIRTUAL EVENT| 11-12 OCTOBER 2021 | FREE REGISTRATION The European Talkshow for risk and insurance professionals you should attend Live F2F with thought leaders – 4 interviews with guest speakers Live discussions with high levelexperts –
FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from THE EUROPEAN RISK MANAGER REPORT 2020: KEY FINDINGS The Federation of European Risk Management Associations today published the results of the 2020 European Risk Manager Report on 26 June. This is the 10 th edition of the report and represents the widest available information from professional risk managers across Europe. It has taken placed every other year since 2002. TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with THE EUROPEAN RISK MANAGER REPORT 2020: KEY FINDINGS The Federation of European Risk Management Associations today published the results of the 2020 European Risk Manager Report on 26 June. This is the 10 th edition of the report and represents the widest available information from professional risk managers across Europe. It has taken placed every other year since 2002. WINNERS OF THE 2020 EUROPEAN EXCELLENCE IN RISK MANAGEMENT FERMA and Commercial Risk Europe have announced the winners of the 2020 Excellence in Risk Management Awards. The awards were presented at a virtual ceremony on Friday 11 December. This year, there are separate awards for the risk manager of the year in the corporate and public sectors and new categories for collaboration and a training and education programme.2020 - FERMA
03 At the time of writing the COVID-19 pandemic is an ongoing event. Many EU Member States are under their second national lockdown. Many businesses are closed temporarily, some have FERMA TEAM - FEDERATION OF EUROPEAN RISK MANAGEMENT RT @AGERS_: La clave del éxito en el sector de #riesgos y #seguros es fomentar una correcta #formación de sus profesionales dada la continu COVID-19: FERMA SURVEY SHOWS RISK MANAGERS’ CONTRIBUTIONS European Risk managers have helped maintain the continuity of their organisations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible and begun work on recovery, according to a survey published today by the Federation of European Risk Management FERMA LLOYDS PROFESSIONAL DEVELOPMENT PROGRAMME A joint educational and networking programme by Lloyd’s and FERMA for risk managers in Europe. A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation.FERMA BOARD
Job title: Senior Risk Specialist Nordic MU, Global Risk & Assurance Services, SAP Danmark NESTLÉ’S ANDREW BRADLEY RECEIVES LIFETIME RISK MANAGEMENT The Federation of European Risk Management Associations (FERMA) announces the winners of the Excellence in Risk Management Awards presented at a gala dinner 6 November in London. These awards are part of the second European Risk Management Awards, organised by FERMA and Commercial Risk Europe, and honour four outstanding individuals fortheir achievements.
A REPORT BY HARVARD BUSINESS REVIEW ANALYTIC SERVICES 2 | A HARVARD BUSINESS REVIEW ANALYTIC SERVICES REPORT Brand and reputation risk are also rising concerns, cited by nearly two-thirds of companies as an area requiring top management-level attention. Some executives and other experts single out lack of risk management talent as an important area of risk, particularly when the company is entering a new geographic or product market. FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with FERMA RIMAP BODY OF KNOWLEDGE The FERMA rimap Body of Knowledge represents a comprehensive reference list of risk management topics that can emerge during the career of a risk professional Written by a team of European experienced risk managers, it brings together as much relevant knowledge for professional development as possible in one place, regardless of whether it is included in existing standards or not. GLOBAL RISKS AND RESILIENCE WEBINAR Register to our Global Risks and Resilience webinar: 17 March from 16:00-17:00 CET This FERMA webinar will show how organisations can use The Global Risks Report 2021 as the basis for strengthening enterprise-wide resilience. The format will be as follows: Presentation on the key findings of the report, highlighting digital, sustainability and human risks. Panel discussion on building A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with FERMA RIMAP BODY OF KNOWLEDGE The FERMA rimap Body of Knowledge represents a comprehensive reference list of risk management topics that can emerge during the career of a risk professional Written by a team of European experienced risk managers, it brings together as much relevant knowledge for professional development as possible in one place, regardless of whether it is included in existing standards or not. GLOBAL RISKS AND RESILIENCE WEBINAR Register to our Global Risks and Resilience webinar: 17 March from 16:00-17:00 CET This FERMA webinar will show how organisations can use The Global Risks Report 2021 as the basis for strengthening enterprise-wide resilience. The format will be as follows: Presentation on the key findings of the report, highlighting digital, sustainability and human risks. Panel discussion on building A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. WINNERS OF THE 2020 EUROPEAN EXCELLENCE IN RISK MANAGEMENT FERMA and Commercial Risk Europe have announced the winners of the 2020 Excellence in Risk Management Awards. The awards were presented at a virtual ceremony on Friday 11 December. This year, there are separate awards for the risk manager of the year in the corporate and public sectors and new categories for collaboration and a training and education programme. THE EUROPEAN RISK MANAGER REPORT 2020: KEY FINDINGS The Federation of European Risk Management Associations today published the results of the 2020 European Risk Manager Report on 26 June. This is the 10 th edition of the report and represents the widest available information from professional risk managers across Europe. It has taken placed every other year since 2002. HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September COVID-19: FERMA SURVEY SHOWS RISK MANAGERS’ CONTRIBUTIONS European Risk managers have helped maintain the continuity of their organisations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible and begun work on recovery, according to a survey published today by the Federation of European Risk Management2020 - FERMA
03 At the time of writing the COVID-19 pandemic is an ongoing event. Many EU Member States are under their second national lockdown. Many businesses are closed temporarily, some have FERMA TEAM - FEDERATION OF EUROPEAN RISK MANAGEMENT RT @AGERS_: La clave del éxito en el sector de #riesgos y #seguros es fomentar una correcta #formación de sus profesionales dada la continuFERMA BOARD
DARIM – DENMARK. Job title: Senior Risk Specialist Nordic MU, Global Risk & Assurance Services, SAP Danmark. Activities: European Risk & Insurance Survey Committee 2020 FERMA RIMAP BODY OF KNOWLEDGE The FERMA rimap Body of Knowledge represents a comprehensive reference list of risk management topics that can emerge during the career of a risk professional Written by a team of European experienced risk managers, it brings together as much relevant knowledge for professional development as possible in one place, regardless of whether it is included in existing standards or not. A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. MEASURING DIGITAL SECURITY RISK MANAGEMENT PRACTICES … 2 MEASURING DIGITAL SECURITY RISK MANAGEMENT PRACTICES IN BUSINESSES OECD DIGITAL ECONOMY PAPERS Foreword This report summarises the three phases of the OECD project undertaken between February 2017 and November 2018 to develop a FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with FERMA RIMAP BODY OF KNOWLEDGE The FERMA rimap Body of Knowledge represents a comprehensive reference list of risk management topics that can emerge during the career of a risk professional Written by a team of European experienced risk managers, it brings together as much relevant knowledge for professional development as possible in one place, regardless of whether it is included in existing standards or not. GLOBAL RISKS AND RESILIENCE WEBINAR Register to our Global Risks and Resilience webinar: 17 March from 16:00-17:00 CET This FERMA webinar will show how organisations can use The Global Risks Report 2021 as the basis for strengthening enterprise-wide resilience. The format will be as follows: Presentation on the key findings of the report, highlighting digital, sustainability and human risks. Panel discussion on building A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with FERMA RIMAP BODY OF KNOWLEDGE The FERMA rimap Body of Knowledge represents a comprehensive reference list of risk management topics that can emerge during the career of a risk professional Written by a team of European experienced risk managers, it brings together as much relevant knowledge for professional development as possible in one place, regardless of whether it is included in existing standards or not. GLOBAL RISKS AND RESILIENCE WEBINAR Register to our Global Risks and Resilience webinar: 17 March from 16:00-17:00 CET This FERMA webinar will show how organisations can use The Global Risks Report 2021 as the basis for strengthening enterprise-wide resilience. The format will be as follows: Presentation on the key findings of the report, highlighting digital, sustainability and human risks. Panel discussion on building A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. WINNERS OF THE 2020 EUROPEAN EXCELLENCE IN RISK MANAGEMENT FERMA and Commercial Risk Europe have announced the winners of the 2020 Excellence in Risk Management Awards. The awards were presented at a virtual ceremony on Friday 11 December. This year, there are separate awards for the risk manager of the year in the corporate and public sectors and new categories for collaboration and a training and education programme. THE EUROPEAN RISK MANAGER REPORT 2020: KEY FINDINGS The Federation of European Risk Management Associations today published the results of the 2020 European Risk Manager Report on 26 June. This is the 10 th edition of the report and represents the widest available information from professional risk managers across Europe. It has taken placed every other year since 2002. HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September COVID-19: FERMA SURVEY SHOWS RISK MANAGERS’ CONTRIBUTIONS European Risk managers have helped maintain the continuity of their organisations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible and begun work on recovery, according to a survey published today by the Federation of European Risk Management2020 - FERMA
03 At the time of writing the COVID-19 pandemic is an ongoing event. Many EU Member States are under their second national lockdown. Many businesses are closed temporarily, some haveFERMA BOARD
DARIM – DENMARK. Job title: Senior Risk Specialist Nordic MU, Global Risk & Assurance Services, SAP Danmark. Activities: European Risk & Insurance Survey Committee 2020 ARTIFICIAL INTELLIGENCE (AI) APPLIED TO RISK MANAGEMENT In November 2019, FERMA launched the first thought paper on the implications of artificial intelligence (AI) for risk management. To write this paper, FERMA brought together a group of experts from within and beyond the risk management community. The ambition was to develop the first thought paper about AI applied to risk management.The goal
FERMA RIMAP BODY OF KNOWLEDGE The FERMA rimap Body of Knowledge represents a comprehensive reference list of risk management topics that can emerge during the career of a risk professional Written by a team of European experienced risk managers, it brings together as much relevant knowledge for professional development as possible in one place, regardless of whether it is included in existing standards or not. A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. MEASURING DIGITAL SECURITY RISK MANAGEMENT PRACTICES … 2 MEASURING DIGITAL SECURITY RISK MANAGEMENT PRACTICES IN BUSINESSES OECD DIGITAL ECONOMY PAPERS Foreword This report summarises the three phases of the OECD project undertaken between February 2017 and November 2018 to develop a FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential ARTIFICIAL INTELLIGENCE (AI) APPLIED TO RISK MANAGEMENT In November 2019, FERMA launched the first thought paper on the implications of artificial intelligence (AI) for risk management. To write this paper, FERMA brought together a group of experts from within and beyond the risk management community. The ambition was to develop the first thought paper about AI applied to risk management.The goal
2020 - FERMA
03 At the time of writing the COVID-19 pandemic is an ongoing event. Many EU Member States are under their second national lockdown. Many businesses are closed temporarily, some have GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events HOME - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS 03 FERMA presents this guide on sustainability in the midst of the global COVID-19 pandemic. Less than a third of risk managers had a global pandemic as part of their risk register in September FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential ARTIFICIAL INTELLIGENCE (AI) APPLIED TO RISK MANAGEMENT In November 2019, FERMA launched the first thought paper on the implications of artificial intelligence (AI) for risk management. To write this paper, FERMA brought together a group of experts from within and beyond the risk management community. The ambition was to develop the first thought paper about AI applied to risk management.The goal
2020 - FERMA
03 At the time of writing the COVID-19 pandemic is an ongoing event. Many EU Member States are under their second national lockdown. Many businesses are closed temporarily, some have GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
ABOUT FERMA
The Federation of European Risk Management Associations (FERMA) speaks for the risk management profession in Europe. FERMA brings together 22 risk management associations in 21 European countries.They represent nearly 5000 professional risk managers active in a2020 - FERMA
03 At the time of writing the COVID-19 pandemic is an ongoing event. Many EU Member States are under their second national lockdown. Many businesses are closed temporarily, some have COVID-19: FERMA SURVEY SHOWS RISK MANAGERS’ CONTRIBUTIONS European Risk managers have helped maintain the continuity of their organisations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible and begun work on recovery, according to a survey published today by the Federation of European Risk Management FERMA TEAM - FEDERATION OF EUROPEAN RISK MANAGEMENT Forum postponed and #registration to our new virtual event FERMA TALKS is open! Let's discuss #risk2resilience on 1 https://t.co/uEisPrwhtuFERMA BOARD
DARIM – DENMARK. Job title: Senior Risk Specialist Nordic MU, Global Risk & Assurance Services, SAP Danmark. Activities: European Risk & Insurance Survey Committee 2020 GLOBAL RISKS AND RESILIENCE WEBINAR Register to our Global Risks and Resilience webinar: 17 March from 16:00-17:00 CET This FERMA webinar will show how organisations can use The Global Risks Report 2021 as the basis for strengthening enterprise-wide resilience. The format will be as follows: Presentation on the key findings of the report, highlighting digital, sustainability and human risks. Panel discussion on building MEASURING DIGITAL SECURITY RISK MANAGEMENT PRACTICES … 2 MEASURING DIGITAL SECURITY RISK MANAGEMENT PRACTICES IN BUSINESSES OECD DIGITAL ECONOMY PAPERS Foreword This report summarises the three phases of the OECD project undertaken between February 2017 and November 2018 to develop a COORDINATION OF RISK MANAGEMENT WITH INTERNAL CONTROL AND 7 1st line-Assess/manage business risk-Comply with laws and regulations-Implement, maintain/manage Internal Controls 2nd line-Develop and roll out GRC strategy, policy, NESTLÉ’S ANDREW BRADLEY RECEIVES LIFETIME RISK MANAGEMENT The Federation of European Risk Management Associations (FERMA) announces the winners of the Excellence in Risk Management Awards presented at a gala dinner 6 November in London. These awards are part of the second European Risk Management Awards, organised by FERMA and Commercial Risk Europe, and honour four outstanding individuals fortheir achievements.
A REPORT BY HARVARD BUSINESS REVIEW ANALYTIC SERVICES 2 | A HARVARD BUSINESS REVIEW ANALYTIC SERVICES REPORT Brand and reputation risk are also rising concerns, cited by nearly two-thirds of companies as an area requiring top management-level attention. Some executives and other experts single out lack of risk management talent as an important area of risk, particularly when the company is entering a new geographic or product market. FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential ARTIFICIAL INTELLIGENCE (AI) APPLIED TO RISK MANAGEMENT In November 2019, FERMA launched the first thought paper on the implications of artificial intelligence (AI) for risk management. To write this paper, FERMA brought together a group of experts from within and beyond the risk management community. The ambition was to develop the first thought paper about AI applied to risk management.The goal
FERMA BOARD
DARIM – DENMARK. Job title: Senior Risk Specialist Nordic MU, Global Risk & Assurance Services, SAP Danmark. Activities: European Risk & Insurance Survey Committee 2020 GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
NESTLÉ’S ANDREW BRADLEY RECEIVES LIFETIME RISK MANAGEMENT The Federation of European Risk Management Associations (FERMA) announces the winners of the Excellence in Risk Management Awards presented at a gala dinner 6 November in London. These awards are part of the second European Risk Management Awards, organised by FERMA and Commercial Risk Europe, and honour four outstanding individuals fortheir achievements.
FERMA - HOME - FEDERATION OF EUROPEAN RISK MANAGEMENTNEWSADVOCACYEDUCATIONEVENTSPUBLICATIONSMEDIA Discover who we are. We bring together 22 risk management associations in 21 European countries, representing nearly 4800 risk managers active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and RIMAP EUROPEAN RISK MANAGEMENT PROFESSIONAL FERMA RIMAP certification is unique because it provides: an independent confirmation of your professional competences and experience a European standard developed by European risk managers and recognized by FERMA’s 21 risk management member associations a continuous dynamic learning path: earn CPD (Continuous Professional Development) points by participating to FERMA licensed events FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from TECHNOLOGY EXPOSURE: CYBER ERM IN THE NEW WORLD Welcome to the new world. Businesses were already on a path to digitalisation before COVID-19. Since then, the process has accelerated, and there will be no going back. Malicious risks have risen, sometimes exponentially, but companies have had to make trade-offs between agility and security. In this increasingly threatening digital environment, risk management is essential ARTIFICIAL INTELLIGENCE (AI) APPLIED TO RISK MANAGEMENT In November 2019, FERMA launched the first thought paper on the implications of artificial intelligence (AI) for risk management. To write this paper, FERMA brought together a group of experts from within and beyond the risk management community. The ambition was to develop the first thought paper about AI applied to risk management.The goal
FERMA BOARD
DARIM – DENMARK. Job title: Senior Risk Specialist Nordic MU, Global Risk & Assurance Services, SAP Danmark. Activities: European Risk & Insurance Survey Committee 2020 GUIDANCE ON THE 8TH EU COMPANY LAW DIRECTIVE FERMA / ECIIA Implementation Guidance for Senior Management 6 This document complements the Guidance on the 8th EU Company Law Directive (Art. 41), published by FERMA and ECIIA on 21 September 2010, with A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. A STRUCTURED APPROACH TO ENTERPRISE RISK MANAGEMENT (ERM 5 A structured approach to Enterprise Risk Management 1 Name or title of risk Unique identifier or risk index 2 Scope of risk Scope of risk and details of possible events, including description of the events, their size, type and number 3 Nature of risk Classification of risk, timescale of potential impact and description as hazard, opportunityor uncertainty
NESTLÉ’S ANDREW BRADLEY RECEIVES LIFETIME RISK MANAGEMENT The Federation of European Risk Management Associations (FERMA) announces the winners of the Excellence in Risk Management Awards presented at a gala dinner 6 November in London. These awards are part of the second European Risk Management Awards, organised by FERMA and Commercial Risk Europe, and honour four outstanding individuals fortheir achievements.
ABOUT FERMA
The Federation of European Risk Management Associations (FERMA) speaks for the risk management profession in Europe. FERMA brings together 22 risk management associations in 21 European countries.They represent nearly 5000 professional risk managers active in a FERMA ISSUES FIRST SUSTAINABILITY RISK GUIDE FOR EUROPEAN On 31 March, FERMA released the first guide specifically for European risk managers on sustainability risks. People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management. FERMA has taken examples of good practice of sustainability risk management from FERMA TEAM - FEDERATION OF EUROPEAN RISK MANAGEMENT Forum postponed and #registration to our new virtual event FERMA TALKS is open! Let's discuss #risk2resilience on 1 https://t.co/uEisPrwhtu COVID-19: FERMA SURVEY SHOWS RISK MANAGERS’ CONTRIBUTIONS European Risk managers have helped maintain the continuity of their organisations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible and begun work on recovery, according to a survey published today by the Federation of European Risk Management SUSTAINABILITY RISK MANAGEMENT PROCESS 09 SUSTAINABILITY RISK MANAGEMENT PROCESS Sustainability risk management is a business process supporting the company’s sustainability goals. It aims at aligning sustainability with risk management by using the principles of enterprise-wide risk management. RIMAP BODY OF KNOWLEDGE The Body of knowledge sets out the core information that underpins the rimap® certification. Its purpose is to define the academic and professional knowledge that candidates, organisations and individuals must demonstrate to receive the rimap® status. A RISK MANAGEMENT STANDARD A RISK MANAGEMENT STANDARD 6 3. Risk Assessment Risk Assessment is defined by the ISO/ IEC Guide 73 as the overall process of risk analysis and risk evaluation. SUSTAINABILITY AT THE HEART OF RISK MANAGEMENT Sustainability has always been at the heart of the role of the risk manager, so that their organisations are resilient to shocks and can continue to fulfil their objectives. A REPORT BY HARVARD BUSINESS REVIEW ANALYTIC SERVICES 2 | A HARVARD BUSINESS REVIEW ANALYTIC SERVICES REPORT Brand and reputation risk are also rising concerns, cited by nearly two-thirds of companies as an area requiring top management-level attention. Some executives and other experts single out lack of risk management talent as an important area of risk, particularly when the company is entering a new geographic or product market. NESTLÉ’S ANDREW BRADLEY RECEIVES LIFETIME RISK MANAGEMENT The Federation of European Risk Management Associations (FERMA) announces the winners of the Excellence in Risk Management Awards presented at a gala dinner 6 November in London. These awards are part of the second European Risk Management Awards, organised by FERMA and Commercial Risk Europe, and honour four outstanding individuals fortheir achievements.
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FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS We are the representative organisation of the European risk management profession. We strive for Risk Leadership at the heart ofEurope .
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WEBINAR REPLAY: WHY RISK MANAGERS SHOULD LOOK AT ARTIFICIALINTELLIGENCE NOW?
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RIMAP, THE EUROPEAN RISK MANAGEMENT CERTIFICATION*
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26/05/2020
FERMA CALLS FOR EU RESILIENCE FRAMEWORK FOR CATASTROPHIC RISKS*
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25/05/2020
IMPLEMENTATION OF THE GDPR AND FEEDBACK ON THE ROADMAP DOCUMENT “REPORT ON THE APPLICATION OF THE GENERAL DATA PROTECTIONREGULATION”
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17/04/2020
FERMA URGES EUROPEAN COMMISSION TO USE LESSONS FROM CURRENT PANDEMIC FOR EFFECTIVE RISK MANAGEMENT OF FUTURE EVENTS AND TO SUPPORT PUBLIC-PRIVATE PARTNERSHIPS TO INCREASE FUNDING*
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GDPR & CORPORATE GOVERNANCE: THE ROLE OF INTERNAL AUDIT AND RISKMANAGEMENT
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01/10/2019
2019-2024 EU AMBITIONS: A TURNING POINT FOR CARBON-NEUTRALITY*
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2019-2024 EU AMBITIONS: TAKING DIGITAL LEADERSHIP TO THE NEXT LEVEL*
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EUROPEAN RISK MANAGEMENT AWARDS 2020London gb
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ARTIFICIAL INTELLIGENCE (AI) APPLIED TO RISK MANAGEMENT04/12/2019
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KEY FIGURES: EUROPEAN RISK MANAGEMENT ASSOCIATIONS 201930/07/2019
View all publications FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS06 The representative organisation of the risk management profession inEurope
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We bring together 22 RISK MANAGEMENT ASSOCIATIONS IN 21 EUROPEAN COUNTRIES, representing nearly 4800 RISK MANAGERS active in a wide range of business sectors from major industrial and commercial companies to financial institutions and local government bodies. We provide the means of coordinating risk management and optimising the impact of these associations at a European level.OUR MEMBERS07
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FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS Avenue de Tervuren 273 Tervurenlaan B12 1150 Brussels (BELGIUM) TEL: +32 2 761 94 32 FAX: +32 2 771 87 20 EMAIL: enquiries@ferma.euTWITTER FEED
In our feedback to the Roadmap on #GDPR, we encourage the #European_Commission to consider the role played by… https://t.co/SjJVmLflqY http://twitter.com/FERMARISK/status/1268090334044708864 5 days ago We are delighted to welcome HARIMA (Helenic Association of #RiskManagemers) as a new member of FERMA. We are convin… https://t.co/DdHSBM0kvm http://twitter.com/FERMARISK/status/1267833835242295297 6 days ago STAY IN CONTACT WITH US Subscribe to our newsletter SUBSCRIBE TO OUR NEWSLETTERName
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