Which of the follow is not included in PRMIA's 10 principles of good governance?

PRMIA’s 10 Principles of Good Governance

PRMIA outlines10 key principlesthat focus onrisk governance, accountability, transparency, and risk management effectiveness.

These principles ensurestrong risk governance structuresfor financial institutions.

Why Answer B is Correct

Holding the PRM Designation(Professional Risk Manager certification)is NOT a governance principle.

While PRMIA promotes risk education, governance principles focus onorganizational risk structures, not individual certifications.

Why Other Answers Are Incorrect

Option

Explanation

A. Risk appetite.

Correct– PRMIA governance principles includeestablishing a clear risk appetite.

C. External validation.

Correct– External audits and validation improve governance and risk transparency.

D. Clear accountability.

Correct– Governance principles emphasizeclear accountabilityat all levels of management.

PRMIA 10 Principles of Good Governance

Basel Corporate Governance Guidelines for Financial Institutions

PRMIA References for Verification