Financial institutions putting more emphasis on risk management

New study from Deloitte shows that nearly two-thirds of financial institutions are spending more on risk management and compliance

Deloitte Touche Tohmatsu Limited has released its eighth biennial survey on risk management practices, and the study shows that financial institutions are putting more emphasis than ever on risk management and compliance.

The survey polled chief risk officers from 86 financial institutions. 65 percent of respondents stated that they have increased spending on risk management and compliance, which is an increase from 55 percent in 2010.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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