When defining the business model and strategy of a firm the risk tolerance of the institution needs to be clearly defined and communicated to all business lines. The risk control framework needs to include explicit checks and controls to ensure that the actual risk profile of the firm stays line in with the risk tolerance of the financial institution.
Furthermore, blind embossing of other printed features produces layered, variable images. Nevertheless, for the next series of euro banknotes we need at least one new level 1 security feature that can be used by the ordinary citizen in everyday situations.