Given that ERM grows up due to the fact an abuse, it is crucial why these key features interact during the an provided paired trend that helps more beneficial ERM
- step 1. The company is the first line regarding protection guilty of providing, controlling and you will managing exposure effortlessly plus conformity into risk appetite and you can tolerances set from the panel and you may elderly management of the whole team.
- 2. Trick assistance functions, particularly compliance and ethics or exposure management, may be the second line away from safeguards.