Managing the new risks

In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again.

  1. What is a black swan event?

  2. What is the 'three lines of defence' model?

  3. Which best practice framework is most useful for directors when dealing with risk governance?

  4. How frequently should the board of directors review the effectiveness of a company's risk management and internal control systems?

  5. What is the minimum adjustment that companies with links to Russia must make?

  6. Which of the following is NOT a primary way that companies can prepare for fast-emerging risks?

  7. Which of the following is NOT a current key operational issue facing UK businesses?

  8. What does Section 4 of the UK corporate governance code focus on?

  9. What is an example of a high-impact threat that companies face?

  10. Which of these is an example of resilience measures?

1 Unit