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Risk manager: Central Bank of the UAE

The new integrated risk management approach is identifying control gaps and enhancing efficiency

Central Bank of the UAE
Central Bank of the UAE

As operational risk management rises in strategic importance, central banks across the globe are actively considering how their risk management frameworks should be updated.

Many of these reviews have focused on isolated departmental improvements. However, the Central Bank of the United Arab Emirates (CBUAE) has attempted something more radical: a single integrated view of risk right across the organisation.

“While risk champions within the CBUAE oversee risks within their respective domains, the

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