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Debate: Evolving Mandate of the 1st Line Risk & Control Function
04 May 2022
Debate
- Should the 1 LOD functions focus on ensuring a robust control framework that covers all risks, or focus on the key areas of high value including emerging risks?
- To what extent should practitioners embed horizon scanning practices into the 1st line’s remit in order to ensure emerging risks are integrated into robust control frameworks?
- How can technological developments improve efficiency and effectiveness of practices and processes for better risk management?
Chairperson
