Markets and Clients, Global, The Risk Register
Risks identified through our risk review process are added to the firm’s risk register, where they are assigned to one of six categories (such as Client Based Reputational Risk or Litigation and Service Level Risk) and described in terms of cause and potential effect on the firm. A risk owner and co-ordinator are also appointed for each risk to review and develop action plans to mitigate management of that risk and track progress. The risk register is included in quarterly reports to the firm’s Executive Committee and any particular areas of high risk or significant changes are highlighted as necessary.
