afterworkguinness
Active Member
Hi @David Harper CFA FRM CIPM ,
The Senior Supervisors Group paper describes a risk appetite framework that lays out the institutions approach to risk management in a very detailed way. Litterman describes a risk plan that sounds similar to the risk appetite framework (although potentially more intended for funds rather than financial institutions) .
Is there a material difference between these two?
The Senior Supervisors Group paper describes a risk appetite framework that lays out the institutions approach to risk management in a very detailed way. Litterman describes a risk plan that sounds similar to the risk appetite framework (although potentially more intended for funds rather than financial institutions) .
Is there a material difference between these two?