June 30, 2021
The Acin Network and Platform
Commissioned by Acin, the Risk.net report surveyed 104 first line control officers and MDs, whose responses were enriched by in-person interviews.
Amid a complex and rapidly changing threat landscape, pressure is growing on investment banks to improve the robustness of risk controls across their organizations and take a more forward-looking view of operational risk. This Risk.net report explores the current state of risk controls, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more proactive and dynamic approach to risk control in the future.