IOR Newsletter 2016

A special edition of the IOR newsletter is now available to download. This edition focuses on the Institute’s strategy, education programme and recent cyber security initiative.

On the 9th June 2016, Council and Local Chapter Heads met in London. The event was hosted by Santander, a corporate member of the Institute. The agenda was to discuss and develop the Institute’s long term Strategy beyond, but building on, the current focus of education and professionalising the Institute.

The Institute continues to grow and this was the opportunity to test and validate our reasons to exist. It also provided the chance to consider what the Institute can uniquely bring to the market. As risk managers we all know that the context and environment in which we operate is critical to how we approach things. This is no different to our future as an Institute.

The financial services industry is still resolving the operational risks driven by cultural and behavioural issues post the global financial crisis and product mis-selling events. Recognising that we are an international Institute we have many things which influence us but we can see common themes across geographies and regulatory jurisdictions. Many of these themes were picked up in a paper from the Centre for the Study of Financial Innovation: Setting Standards: professional bodies and the financial services sector (December 2014)

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