Risk budget: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Align with Guide to risk management page.) |
imported>Doug Williamson (Amend 'firm' to 'organisation'.) |
||
Line 3: | Line 3: | ||
1. | 1. | ||
The allocation of a | The allocation of a organisation's total risk among its different functions. | ||
From a treasury perspective, if substantial risk is taken in the business model, then we will need a very conservative approach in treasury. | From a treasury perspective, if substantial risk is taken in the business model, then we will need a very conservative approach in treasury. |
Revision as of 11:47, 2 April 2019
Risk management.
1.
The allocation of a organisation's total risk among its different functions.
From a treasury perspective, if substantial risk is taken in the business model, then we will need a very conservative approach in treasury.
2.
The amount of risk which an organisation plans to retain, following all planned steps to reduce the risk for the organisation.