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RegulationsApril 19 2023

The ‘five Cs’ approach to managing risk

A simple framework could help senior financial services leaders embed organisational resilience and proactively navigate the evolving risk landscape, according to Torry Berntsen.
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The ‘five Cs’ approach to managing risk

Although every year brings challenge and change, the past few years seem to have brought more than their fair share of crises, both natural and man-made. In recent weeks, we have seen the failures of Silicon Valley Bank (the second largest bank failure in US history), Silvergate Bank and Signature Bank. 

Equally, we have seen the process set in motion for Credit Suisse to be acquired by UBS, all while the recovery from Covid-19 is still fresh in the mind and human tragedies continue to unfold in places such as Ukraine, Turkey and Syria.  

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