RIMS has been approved as an accredited standards development organization by the American National Standards Institute (ANSI) Executive Standards Council.
The will enable RIMS to take a lead role in shaping and developing risk management standards. RIMS aims to begin standards development in early 2012.
“Developing and distributing standards is vital to ensuring consistently high levels of practice in organizations worldwide, and has been top of mind for RIMS’ since we formed our Standards and Practices Committee in 2009,” says Lori Seidenberg, RIMS board member and vice president, enterprise risk management, Centerline Capital Group. “This approval, in conjunction with the efforts of our membership, will undoubtedly serve to foster a culture of risk management across sectors.”
ANSI enhances the competitiveness of U.S. business by overseeing the creation and use of norms and guidelines that directly impact businesses in nearly every sector.
Source: RIMS
Was this article valuable?
Here are more articles you may enjoy.
Abbott to Pay $385 Million to End US Claims Over Infant Formula
Zillow Loses Antitrust Battle Over Chicago Area Listing Feed
New Corgi, Liberate, VERVE Claims Tech. Do We Need New Acronyms?
Swiss Re: 100 Years After Miami Hurricane, Similar Storm Would Top $200B in Losses