We can help you to:

• Set tolerance for risk/set risk appetite (e.g. tolerance and appetite for risk).
• Receive regular reports, allowing you to demonstrate appropriate management oversight and:
• evaluate trend and level of material risk and effect on capital levels;
• evaluate sensitivity and reasonableness of key assumptions used in the capital assessment measurement system;
• determine whether the organisation holds sufficient capital against its risks and if it in complies with established capital adequacy goals;
• assess future capital requirements based on risk profile and adjust the strategic plan accordingly;
• report to external bodies (regulators, audit etc).
• Set a formal disclosure policy.
• Understand the nature and levels of risk undertaken, how risk links to adequate capital levels and the current/future capital requirements in relation to strategic objectives.
• Ensure that:
• strong internal controls and written policies and procedures are in place, and they identify, measure and report material risks;
• there is a method for monitoring compliance with internal policies and verifying that the internal controls system is adequate;
• formality and sophistication of risk management processes are appropriate in light of the risk profile and the business plan;
• the formal disclosure policy is approved by the Board and that appropriate disclosures are made;
• the strategic plan clearly outlines the organisation's capital needs, capital expenditures, desired capital levels and external capital sources.