Page 24 - LiveLabs: The Future of Financial Services
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FOR THE BOARD OF TRUSTEES AND C-SUITE
RISK MANAGEMENT CULTURE:
Identify organizational gaps to avoid later dif culties
"The change in the geopolitical landscape in 2017 won’t likely abate regulators’ and legislators’ concerns around risk culture. Customers and shareholders want to interact with institutions they trust, and reputational damage over the long term can be far more costly than punitive nes." 1
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