Template
Risk Appetite Statement Template
This template defines the structure for the organization's Risk Appetite Statement (RAS). The RAS translates the Board's strategic risk tolerance into measurable thresholds and qualitative statements that guide risk identification, assessment, treatment, and acceptance decisions across the enterprise.
- Type
- Template
- Version
- 1.0.6
- Date
- 2026-09-29
- Owner
- Chief Risk Officer
- Approving authority
- Board of Directors
- Classification
- Public
- Confidentiality
- Public
- Category
- Risk Management
- Review frequency
- Annual; and upon material strategic change, significant incident, or Board direction
- Licence
- CC BY-SA 4.0
Read the full text on GitHub (opens in a new tab)
Outline
- Purpose
- Part 1: overall risk philosophy
- Part 2: risk appetite by category
- Part 3: risk tolerance boundaries
- Part 4: appetite vs. tolerance vs. capacity
- Part 5: changes to risk appetite
- Part 6: linkage to risk register
- Approval and review record
Related documents
- risk/
README.md (opens in a new tab) source - Enterprise Risk Management Standardrisk
- Enterprise Risk Register Templaterisk
- Risk Acceptance Procedurerisk
- Risk Assessment Methodology Procedurerisk
- Key Risk Indicator Cataloguerisk
- Enterprise Governance and Risk Management Policyrisk
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