The Federation of European Risk Management Associations (FERMA) has released its EU Policy Manifesto, which outlines what EU leaders must address to help bolster the overall resilience of the bloc.
The document, titled ‘Making Europe risk-ready for a brighter future’, requests the simplification of the regulatory maze to maintain the competitiveness of European companies.
To address this, FERMA calls upon policymakers to task the Fit for Future Platform (F4F) and proposes supporting the implementation of adopted legislation in concert with impacted stakeholders.
Moreover, the association asks for supporting the transition to net-zero by taking a risk management approach, building a more cyber secure and resilient EU and bolstering the EU’s preparedness and response capabilities for future crises.
Commenting on the Policy Manifesto, Charlotte Hedemark, FERMA president, remarks: “The incoming EU leaders are facing a risk landscape of almost unparalleled complexity heightened by growing geopolitical tensions, ongoing economic uncertainty, and the constantly expanding cyber threat.
"Our Manifesto aims to promote risk-focused solutions to help elevate resilience and boost competitiveness across the EU, as well as apply FERMA's comprehensive risk expertise to drive positive action on these four critical pillars."
Typhaine Beaupérin, FERMA CEO, further adds: “We will use our manifesto to provide a robust basis for productive discussions between the incoming EU leaders and FERMA.
“Acting on behalf of 23 risk associations in 22 European countries, representing over 5,500 risk professionals, the federation is committed to facilitating constructive, risk-focused dialogue with policymakers that leads to decisive action across these four priority areas of regulation.”