In non-financial risk (NFR), this refers to the ability of organizations, regulators, and other stakeholders to hold individuals responsible for what happens within their area of responsibility. Generally, regulators are encouraging organizations to embed accountability as part of their culture. Specifically, a growing number of jurisdictions are holding senior managers accountable for certain types of failings, such as compliance breaches. An example of this is the UK Senior Managers & Certification Regime (SM&CR).

Popular resources

You may be interested in

Serge De Coster
News
November 7, 2022

Acin adds Chief Client Officer to industry-leading team, as data network continues to expand

Acin announced as the Best ESG risk data provider at the ESG Insight Awards
News
November 1, 2022

Acin announced as the Best ESG risk data provider at the ESG Insight Awards

News
2 mins reading time

Acin wins Risk.net’s OpRisk Innovation of the Year, for second year in a row

Discover more