Standard & Poor’s Ratings Services has expanded its review of the financial service industry’s enterprise risk management (ERM) practices. This enterprise risk management initiative is an effort to provide more in-depth analysis and incisive commentary on the many critical dimensions of risk that determine overall creditworthiness.
This enhancement is part of Standard & Poor’s holistic assessment of enterprise risk management of corporations and financial institutions. Standard & Poor's is continually enhancing its ratings process to respond to the emergence of new risks and marketplace needs and conditions.
Standard & Poor’s is pleased to present the following commentary on risk management:
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