PRMIA Hungary Chapter and the 2023 Research Conference

Abstract

Financial risks are a constant challenge for business organizations, and failure to manage them properly often has unforeseen consequences, as many crises have shown. In recent years, the regulation of risk management in financial institutions has increasingly focused on optimizing specific metrics, while a holistic approach, a classic risk management attitude, is necessary to understand and address the challenges of the operation on time. This paper describes the main activities of the Hungarian Chapter of the Professional Risk Managers’ International Association (PRMIA), through the events of the past years. The focus is on the annual research conference of PRMIA Hungary, a selection of articles from which are included in this issue. In recent years, the spectrum of programs offered by the organization has developed and become more colorful, thanks to the voluntary work of the steering committee and the support of corporate partners and sponsors. Our aim is to connect and develop the risk management community, and we welcome all contributions.