Association News

Ferma announced this week 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 biannual risk management benchmarking survey. Versailles, formally a city 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 1870 and the German surrender at the end of the First World War. The seminar will not take place in the palace itself but in the dedicated congress centre from which the palace can be seen.hideFerma announced during last year's Forum in Stockholm that it would consider both Paris and London for the 2012 Seminar. 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 Commercial Risk Europe will launch its annual Risk Frontiers survey of risk managers this spring and the project is again sponsored by XL. CRE will work closely with Ferma to once again ensure that the survey complements its research as in 2010. The Risk Frontiers survey is a qualitative project based upon national roundtables held in the spring and summer that will be published individually in the pages of CRE. This year at least 10 such meetings with national associations and their leading members will take place. The survey will also again be complemented by up to 50 interviews with leading individual risk managers who have not taken part in the roundtables to bring the total number of participating risk managers up to 100 this year. FinnRiMa to merge with SME RM Forum Ferma revealed this 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 in February and other activities throughout the year. Further details of the DARIM event will be revealed in next week's CRE newsletter.

Association News

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