Analysis, Risk Management

Banks’ non-financial risk training slammed as ‘inadequate’

By John Crowley
Image via Pixabay

Banks are “ill-equipped” to train professionals in non-financial risk, according to a global survey backed up by chief risk officers and industry experts.

Financial institutions say they are hamstrung because there is no internationally certified standard, particularly when it comes to non-financial risk, such as operational risk. 

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