Saxo Bank applies the principle of three lines of defence to establish
a sound risk management practice within the organisation.
(i) Does the concerted, global regulatory reform agenda mean that there is now more scope than in the past for
sound risk management practices to be set up prior to full liberalisation?
Not exact matches
(4) One
risk is that the public will judge site - based
management prematurely on the ultimate goals, derailing
sound practices whose success is not yet reflected in test scores.
Navigating strategic and operational transformations through tailored guidance on
sound financial and
risk management practices.
The OSFI placed an even greater emphasis on confirming that financial institutions conduct prudent mortgage underwriting, and that their internal controls and
risk management practices are
sound and take into account market developments, says spokeswoman Annik Faucher.
To impose the additional obligations of [the third and fourth proposals] upon the many thousands of non incorporated law
practices whose participants are required to observe their professional and other conduct obligations anyway is clearly unwarranted... [A regulator's audit] has the potential to interfere at a micro level in the running of a business, and is fraught with difficulty... This proposal is also seriously at odds with the expressed desire to reduce compliance costs... We recognize that
risk management, improved
practice management and a
sound understanding of applied ethics will support improved
practice.
Its conservative
risk management practices guarantees that it produces
sound solutions.
Freddie Mac also benefits from its conservative credit and interest rate
risk management practices and appetite, as well as from a
sound capital base and liquid balance sheet.