On 8 June 2023, the Financial Market Standards Board (FMSB) published a Spotlight Review and Risk Register on the 3 Lines Model. The Spotlight Review is designed to help firms in assessing aspects of their holistic risk management frameworks by using the 3 Lines of Defence Model as a lens. As such the Spotlight Review … Continue Reading
Inadequate governance is regularly cited by regulators as a factor which has contributed to the failings of firms. From small firms to international global organisations, governance is worth investing in with a view to avoiding common pitfalls and wider issues. In this briefing note we set out some practical tips that firms may want to … Continue Reading
