n IMFO : Official Journal of the Institute of Municipal Finance Officers - Making risk appetite stick in the public sector environment - applying analytics

Volume 16, Issue 3
  • ISSN : 1607-520X


Whilst most financial institutions have completed formal 'first generation' exercises to establish Risk Appetite Statements, and some have adopted more sophisticated next generation capabilities to manage a firm's tolerance and capacity for risk-taking. The Public Sector has not even fully understood and grapples with the concept of risk management and its significance in managing the business of government.

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