By François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Corporate Treasurers
The ISO 31000 international standard, which addresses the principles of risk management, is a crucial standard for risk managers (CROs) and treasurers. What principles lurk behind that fearsome figure? What basic principles should guide and drive our corporate risk management procedures? This standard is the basis that should guide us in our day-to-day management process. ‘31000’ is a figure that you will never forget in the future, you can be sure of that.