The global financial crisis exposed the fact that many banks lacked a proper understanding of their true risk profile. A comprehensive risk appetite framework is the cornerstone of an effective risk management architecture.
Therefore, financial institutions are to put in place an effective risk management system, by translating risk metrics and methods into strategic
decisions, reporting, and day-to-day business decisions.
In this paper, KPMG will be leveraging it experience on Basel 2/3 Discipline and Implementation Insights in Sub-saharan Africa services to banks to discuss practical challenges in risk governance and provide insightful solutions in responding to these challenges.
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