as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
what is the role of the board of directors in establishing a risk management culture?
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the board of directors is responsible for establishing a strong risk management culture, guided by strong risk management practices, and ensuring that a strong operational risk management culture exists throughout the entire organization.
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