Tear up your risk appetite document now

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StrategicRISK Asia Pacific editor, Lauren Gow argues there is rumbling of dissent about the actual usefulness of this document to management

Let’s talk about risk appetite. Or more specifically, let me ask you – what is the point behind you, as a risk manager, preparing a specific risk appetite document for the board? Have you ever stopped and really thought about why you do it? If you are doing it because you believe it adds value to the management of the business, it may be time for a rethink.

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