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Risk Management Framework

1 Risk Management Framework Version Approved by Approval date Effective date Next full review V4 Risk Committee of Council 20 November 2020 20 November 2020 November 2021 Framework Purpose The Risk Management Framework provides the foundations for Management of risks at the University, including the requirements for identifying, managing and monitoring uncertainty to maximise the upside and minimise the downside of risk. Scope The Framework applies to all University business, including those of its Controlled Entities. Are Local Documents on this subject permitted? Yes, however Local Documents must be consistent with this University-wide Document. No Framework 1. Executive Summary Commitment The University is committed to building a risk-aware culture that is supported by a tailored, practical and integrated approach to the identification and Management of uncertainty inherent in our strategy, operations and the global environment in which we exist.

by embedding a consistent application of the University’s Risk Appetite into all strategic decision-making processes to drive salient risk discussions and aligned decisions • …

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Risk Management Framework

www.riskmanagement.unsw.edu.au

culture in risk, improving decision making and enhancing outcomes and accountability. When adopted ... effectivess of a sub-set risk framework e.g. Fraud and Corruption Prevention. Prepare and submit the required RC ... Reviewing and assessing compliance controls and …

  Assessing, Risks, Culture, Framework, Risk framework

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