Describe your risk management philosophy.

Our risk management framework is based on risk management principles.

The top three are:

1. A strategy that is documented and well communicated must be in place for managing risk across the organisation, and the strategy must also include consideration of the relationships between risks.
2. Risk governance structures must be in place to ensure that all applicable statutory and regulatory requirements and group risk management standards are met.
3. Responsibility and accountability for risk management must be clearly assigned throughout the organisation, with the aim of fostering an open and transparent organisation culture that encourages the right behaviours.