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Risk Tolerance2781287/31/2018 12:35:58 PMRisk appetite differs from Institution to Institution and can equally differ in terms of various categories of risk an Institution may face at a point in time STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Guidebooks2234130https://ag.treasury.gov.za7/31/2018 12:35:58 PMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Risk Management Committee Charter27802612/6/2010 10:14:00 AMReview the risk appetite and tolerance and recommend for approval by the Accounting to the Accounting Officer any material changes to the risk profile of the Institution STS_ListItem_DocumentLibraryhttps://ag.treasury.gov.za/org/rms/rmf/Shared Documents/Templates4700https://ag.treasury.gov.za12/6/2010 10:14:00 AMdocFalsedoc11~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Word.js
Additional benefits of Risk Management2780905/14/2018 9:08:26 AMManagement considers their risk appetite in evaluating operational alternatives, setting related objectives and developing mechanisms to manage related risks STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Other Topics5530https://ag.treasury.gov.za5/14/2018 9:08:26 AMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Internal Environment2780957/31/2018 8:19:51 AMThis includes activities like a risk management policy, setting of risk appetite and risk tolerance levels This typically includes activities such as risk management reporting lines STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Other Topics8400https://ag.treasury.gov.za7/31/2018 8:19:51 AMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Risk assessment2781227/31/2018 12:33:48 PM·     Thirdly, the residual risk should be benchmarked against the Institution’s risk appetite to determine the need for further 3.1 Risk assessment involves the following key steps STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Guidebooks2591510https://ag.treasury.gov.za7/31/2018 12:33:48 PMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Executive Summary2690769/14/2018 7:13:40 AMIn addition, an e-Learning tool has s) to control such exposure (the remaining risk after Management has put in place measures to control the inherent risk Risk Appetite” means STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Forms/AllPages.aspx2546270https://ag.treasury.gov.za9/14/2018 7:13:40 AMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Guidelines for an Accounting Authority or Officer2781337/31/2018 1:14:45 PM·         Section 38 (1)(a)(i) of Authority / Officer is the ultimate Chief Risk Officer of the institution and is accountable for the institution's risk management in terms of legislation STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Guidelines1715180https://ag.treasury.gov.za7/31/2018 1:14:45 PMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Guidelines for the Chief Risk Officer2781387/31/2018 1:16:00 PMThis is inclusive of the embedding of risk management practices and fostering a risk aware culture within the Institution o   risk appetite and tolerance; and STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Guidelines1906120https://ag.treasury.gov.za7/31/2018 1:16:00 PMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Alternative definitions of ERM2780915/14/2018 9:24:53 AMthat may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the Institute of Risk Management South Africa Code of Practice STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Other Topics3300https://ag.treasury.gov.za5/14/2018 9:24:53 AMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js
Guidelines for the Risk Management Committee2781417/31/2018 1:18:37 PMguideline is to assist the Risk Management Committee in discharging their responsibility for risk management o   Institution’s risk appetite, ensuring that limits are STS_ListItem_WebPageLibraryhttps://ag.treasury.gov.za/org/rms/rmf/SitePages/Guidelines2325180https://ag.treasury.gov.za7/31/2018 1:18:37 PMhtmlFalseaspx25;1625~sitecollection/_catalogs/masterpage/Display Templates/Search/Item_Default.js

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