Friday, 18 May 2012
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RISK MANAGEMENT

Monday, 20 February 2012

A chance to reflect in Versailles, Ferma October 2012

Ferma announced last month that Versailles, France will be the venue for this year’s Seminar on 22 and 23 October. The Seminar, which takes place during the year that no Ferma Forum is held, was last held in London and is the launch pad for the federation’s biennial risk management benchmarking survey.



Versailles, formally a village located to the west of Paris, is best known for its vast royal palace with its mirrored hall and its gardens built in the late 17th century by King Louis XIV.

It was also the site of the French surrender at the end of the Franco-Prussian war in 1871 and the German surrender at the end of the First World War in 1918.

The seminar will not take place in the palace itself but in the dedicated congress centre from which the palace can be seen.

Ferma announced during last year’s Forum in Stockholm that it would consider both Paris and London for the 2012 Seminar.

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It said that it chose Versailles because it would provide exclusive use of the ‘attractive’ conference centre with sufficient room for the more than 400 delegates expected. Versailles is easily reached from central Paris.

This will be the first Ferma event to take place in France.

Most of the members of the French association AMRAE are based in Paris, and so Ferma said it hopes to attract risk managers who do not regularly attend Ferma events.

“The 2010 Seminar in London was very successful in interesting members of the UK association Airmic. Both AMRAE and Airmic were keen to host the Seminar, and Ferma is grateful for their support,” stated the federation.

More information on the Seminar, including accommodation and transport, will be provided in the new year, said Ferma.

Axa Corporate Solutions and Ernst & Young have confirmed that they will again sponsor the Ferma risk management benchmarking survey that is focused upon the status and implementation of risk management in Europe. The survey launch is expected in early spring.

This will be the fifth benchmarking study carried out. Ferma said that it, and its partners, plan to deepen the value of the results with interviews with senior executives to capture stakeholders’ expectations of risk management and possible future developments. Ferma Executive Manager Florence Bindelle said the aim is to make the results even more useful for Ferma members.

The themes will be similar to previous surveys with an emphasis on the implementation of risk governance and processes and risk maturity.

There will also be a question on the deployment of the Ferma-ECIIA Guidance on the 8th EU Company Law Directive. Ferma said it hopes to top the record number of 782 responses received from risk professionals in companies and public organisations across 19 countries in Europe achieved in 2010.

Ferma and the partners said that they will look at ways to make it simpler for members to respond to the questions posed and at increasing the number of languages in which the survey is available.

Members who would like to comment can contact Florence Bindelle at florence.bindelle@ferma.eu

Ferma also revealed last month that FinnRiMa is to merge with the SME Risk Management Forum (SM RM Forum).
It is hoped that the change will provide more access to this business sector and new opportunities, including the development of risk management training. SM RM Forum has been active with various universities and other education providers for some time.

FinnRiMa already collaborates with various Finnish organisations such as the Confederation of Finnish Industries to clarify the role of risk management in large and smaller companies.

During 2012, FinnRiMa said that it will continue to support the implementation of ISO 31000, the international risk standard, in Finnish businesses and other organisations with the help of the Confederation of Finnish Industries and other groups.

During 2012, FinnRiMa will hold members’ meetings in April and November and three or four regular mini-seminars on topical issues during the year.

The association’s main event for the year will be its 25th anniversary seminar and dinner on 16 October in Helsinki.
Ferma also said that it is ‘pleased’ to support individual risk managers in other European countries as they attempt to set up their own risk management associations with a view to ultimately joining the Ferma community.

The federation said that recently, risk managers in Hungary and Croatia have sought Ferma’s advice about how to set up local organisations.

In Denmark, DARIM will celebrate its 25th anniversary with a major event this month and other activities throughout the year.

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