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Success Stories: Public Entities Adopt ERM Best Practices
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Category Archives: Risk Oversight
SEC Establishes New Office of the Whistleblower
Just more than a year after the Dodd Frank Wall Street Reform and Consumer Protection Act was signed into law, the Securities & Exchange Commission (“SEC”) has established a new office to handle one of the major provisions of the … Continue reading
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BP Recognizes No ERM Program
Unlike the waters of the Gulf of Mexico, the need for companies to have robust enterprise risk management (“ERM”) programs became crystal clear during an interview of former BP CEO Tony Hayward aired this week by the BBC. Here’s some … Continue reading
Posted in Risk Oversight, Uncategorized
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Ten Fundamental Corporate Governance Principles
The New York Stock Exchange (“NYSE”) recently completed a report detailing the corporate governance principles that member companies should adopt in the wake of the financial crisis of 2008. In the report, the NYSE’s Commission on Corporate Governance defines the … Continue reading
Posted in Risk Oversight, Uncategorized
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Boards’ Understanding of ERM
Now that the economic outlook and regulatory uncertainties are beginning to stabilize, companies and their boards of directors are exiting crisis management mode and realizing the need for strong enterprise risk management programs to succeed going forward. However, most board … Continue reading
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AIG Tightens Risk Controls
In the Wall Street Journal on September 15, 2010 it states,” As American International Group Inc. gets closer to becoming an independent company again, it is making risk-management changes internally to make sure it can stay one. Over the past … Continue reading
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