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Federal government releases risk management policy

by Staff Writers •
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The Federal Department of Finance has released a Whole of Government policy on Risk Management to guide public servants in establishing and maintaining “appropriate systems and internal controls for the oversight and management of risk”.

The purpose of the policy is to “improve the high level accountability of all Commonwealth entities through focusing on their duties, internal controls and the way they engage with, and manage, risk”.

Other jurisdictions also have risk management policies in place:

 

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