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Risk Library

Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

Judgement calls

The credit crisis has exposed a number of failings in risk management at financial institutions around the globe, triggering a glut of proposals for new legislation and new regulation covering everything from bank trading books to central clearing.