FERMA welcomes Omnibus Sustainability Rules Simplification Package but calls upon EU for more pragmatic approach and clearer guidance to achieve sustainability goals
Federation publishes Omnibus I Position Paper urging policymakers to focus reporting requirements on meaningful data points and to adopt CSRD and CS3D 2028 postponement DOWNLOAD HERE Brussels, 26 March 2025 – FERMA has today published its Position Paper on the Omnibus Sustainability Rules Simplification Package (Omnibus I), following its introduction by the European Commission. […]
FERMA – rimap® new Preparatory Course in May 2025
Are you preparing for the FERMA rimap® Risk Management certification? Do you want to obtain the certification that is a recognized standard for professionals in the field of risk management? This is the course for you! What is the Rimap Prep Course? Rimap®, which stands for Risk Management Professional Certification, is a unique certification […]
Country by Country Reporting: a preview
On 27 March 2017, the international NGO OXFAM published a report Opening the Vaults, which provided an analysis of financial information of the top 20 European banks on a country by country (CbCR) basis.
Lower threshold proposed for Country by Country Reporting draft text
In a first draft report released in February 2017, the two Members of the European Parliaments in charge of this dossier proposed to lower the turnover threshold to €40 million
Environmental Liability Directive: FERMA’s views on the Multi-Annual Work Programme (MAWP) for 2017-2020
On 11 April, the Secretary General of the Federation of European Risk Management Associations (FERMA) Gilbert Canaméras presented FERMA’s views on the future of the European Environmental Liability (ELD) to a public hearing held at the European Parliament
Adoption issues over country-by-country reporting
Published in April 2016, the European Commission proposal for public country-by-country reporting of results by large companies continues to face legal disagreements
Airbus DS Insurance Risk Manager, Philippe Cotelle speech at 2017 Advisen Cyber Risk Insights Conference
On 7th March, Head of Airbus Defence and Space Insurance Risk Management, Mr. Philippe Cotelle delivered the following speech at the 2017 Advisen Cyber Risk Insights Conference in London
FERMA to present on ELD at European Parliament
The President of FERMA Jo Willaert will on 11 April take part in a public hearing on the European Environmental Liability Directive (ELD) organised by the European Parliament.
World Economic Forum recommendations enhance FERMA’s work on cyber risk governance
Work by World Economic Forum (WEF) on cyber resilience demonstrates the value of the work now underway by Federation and European Risk Management Associations (FERMA) on governance for cyber risks in European organisations, according to the President of FERMA, Jo Willaert.
Expert View – World Economic Forum Daniel Dobrygowski on cyber resilience and cyber risk governance
Business leaders today recognise that the profound reputational and existential nature of cyber risks means that responsibility for managing them sits with the board and top level executive teams.
ERM approach argued for Data Protection Officers
FERMA has called for an ERM approach to be included in the Guidelines on Data Protection Officers (DPOs) in its comments to the Article 29 Working Party considering this aspect of the EU General Data Protection Regulation (GDPR).
A look back on 2018
FERMA wishes you a happy Christmas and a Happy New Year! Happy holidays.
European Risk Management Certification moves ahead
80% of the respondents to the FERMA European Risk Manager Survey 2018 indicated that a recognised certification in practicing risk management would be beneficial.
The risk manager’s role shows growing professionalism and business value
The 2018 FERMA European Risk Manager survey reveals significant evolution in the role of the European risk manager today. A report of the survey, conducted in partnership with PwC France and Francophone Africa, was announced in a webinar today. It draws on the views of 734 risk managers in 29 countries.
Suki Basi, CEO of the Russell Group on Brexit’s opportunities
Brexit is causing many a sleepless night for corporate risk managers and indeed their insurers. An area of serious concern is the impact of Brexit on supply chains. However, Suki Basi of the Russell Group says it could bring opportunity as well.