Richard Rekhy - Former CEO Of KPMG India, Current Board Member of KPMG Dubai. Today companies which want to grow at a fast pace need to have strong risk processes to help them achieve sustainable and profitable growth. To this end, it is important that we develop a risk code which is a common language and framework. This is akin to the Corporate Governance Code which was brought in many years back and after many iterations became a Corporate Governance framework for Indian Corporates. I can see the Model Risk Code (MRC) taking a similar trajectory. This is the start of a journey which over a period of time can be embedded into regulation for all corporates. said Richard Rekhy.