11/3/2023 0 Comments Risk management policymonitoring both the effectiveness of the existing control environment and the approach to risk management, reporting on risks, mitigation plans, and control environments both internally and externally and learning lessons from past activities.planning and taking action to respond to risks outside our appetite, while ensuring our resources are effectively and efficiently prioritised and used.ensuring that its risk management is aligned with the Statement of Risk Appetite approved by the Board of Trustees.identifying, understanding and assessing risks to the achievement of its objectives and plans and controlling them effectively.embedding a culture of risk management to ensure informed decision making and ownership of risk is recognised throughout the organisation.The Board approves the British Council’s Statement of Risk Appetite and reviews the effectiveness of its risk and control processes. The Board of Trustees has ultimate accountability for ensuring that the British Council manages risk effectively. We are committed to managing risk and to embedding risk management in all areas of our work. The British Council is the United Kingdom’s international organisation for cultural relations and educational opportunities.
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