The article "Essentials of Risk Management in Finance" covers various aspects of risk management in the financial sector. It discusses different types of risks such as operational, legal, financial crimes, and environmental risks. The researchers also delve into topics like market risk, credit risk, and corporate governance. The goal is to provide a comprehensive overview of risk management practices and frameworks. Key findings include the importance of conducting risk assessments, implementing internal controls, and addressing issues like fraud and corruption. The article also emphasizes the significance of data governance, market volatility, and liquidity management in ensuring financial stability.