Risk Governance Body

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  • Should comprise of representatives from various parts of the organisation.
  • Should be accountable to The Board
  • Should be able to make decisions
  • Appoints operating team like a Risk Management Officer
    • In distributed organisations, it can be a team of people. Needs to appoint a lead.
  • Receives reports from Risk Management Officer
  • Stores reports, documents, artefacts for the organisation.