ERM Chief Executive Julieanne Alroe said: "The board believes the proposed all-cash proposal represents compelling value and provides an attractive opportunity for shareholders to realise certain value at a significant premium to market.
It states that Bulgaria is likely to be the first country to join
ERM II since the creation of the banking union and is expected to create a precedent for future candidates.
COSO's
ERM framework is highlighted prominently throughout its website and has been most recently updated with the 2017 edition of Enterprise Risk Management--Integrating with Strategy and Performance, a joint project of Pricewaterhouse Coopers and the COSO Board.
The market for
ERMs has doubled in the past three years, with the total value of plans written exceeding GBP3 billion in 2017, which represented 1.1% of the UK mortgage market.
Finance ministers of the euro area member states and the European Central Bank (ECB) said that Bulgaria could simultaneously join the Exchange Rate Mechanism (
ERM II) and the banking union after a positive assessment by the ECB.
"The policy changes in this Circular modernize existing efforts by requiring agencies to implement an Enterprise Risk Management (
ERM) capability coordinated with the strategic planning and strategic review process established by GPRAMA [Government Performance and Results Modernization Act], and the internal control processes required by FMFIA [Federal Managers' Financial Integrity Act] and Government Accountability Office (GAO)'s Green Book.
The existing
ERM literature is rich in textbooks (e.g.
Erythromycin resistance in Staphylococci was predominantly mediated by erythromycin resistant methylase encoded by
erm genes (Zamantaret al., 2011).
This article discusses the core
ERM methodology and how local governments around the world are applying it.
ERM provides a similar experience, giving you an enhanced ability to laser in on details that can be missed with a more traditional risk management approach.