The risk framework for an organisation defines its approach towards managing risks. This typically covers topics such as commitment from leadership, key definitions, integrating risk management within core activities, resource allocations, risk and assessment methodology, risk appetite, risk monitoring & reports, roles and responsibilities and risk culture.
ISO 31000 and COSO ERM are the most widely adopted risk management standards globally. In this session, Manoj Kulwal will cover the key topics from both the standards and provide guidance on how the best ideas from the standards can be combined to design the risk framework for your organisation. The ideas covered in this session will enable you to design your organisation’s risk framework. If your organisation already has a risk framework, the ideas covered in this session will enable you to identify areas where the framework aligns or does not align with the two standards. The session will be based on the latest version of both standards.
Led By Manoj Kulwal, RiskSpotlight
38 St Mary Axe, London EC3A 8BH
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