MyCIMA

Risk appetite and risk tolerance

Replies : 1
Keywords: risk management

The Institute of Risk Management (IRM) has issued guidance to directors, risk professionals and others on risk appetite and tolerance.

Comments are invited by 31 May 2011.

The consultation paper asks whether the guidance provides useful guidance to organisations in defining their risk appetite.  The paper is not intended to provide the last word on the subject but rather to lay down a substantial foundation that will facilitate ongoing debate and development.

Fair amount of equitable decision makings

Dear Gillian,

If only fairness is being practised in every aspect of our lives.

Influenced of external factors is great these days coupled with high cost of living and more natural disaster happenings around the globe.