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'Understanding and Using Risk Appetite' explains some of the underlying drivers for risk appetite, the influence of risk appetite on the risk management process itself and how it links to strategic objectives. The guide has been developed in recognition of the risks and challenges the public sector faces and the need for strategic decision makers to understand risk and their attitudes to it.
The paper includes some useful questions to ask and guidance on first steps to take.
Download Understanding and Using Risk Appetite briefing (PDF 488KB)