Overview of the Bank's Risk Management Framework
The Risk Management Framework (RMF) is designed to:
- Establish common principles and standards for the management and control of all risks
- Guide behaviour across the organisation
- Provide a shared framework to improve awareness and understanding of the Bank’s risk management processes
- Provide clear accountability and responsibility for risk management across the Bank
The RMF supports the Bank to identify, assess, evaluate, mitigate, monitor and report the risks the Bank faces.