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We would keep in the register of identified risks and note the mitigations and their efficacy within the register. ------------------------------ Michelle Bennett Director, Insurance Risk Goodwill of Central and Northern AZ Phoenix AZ United States ...

I would keep it on your register with reference to the effectiveness of its mitigation but remove it from board reporting/discussion. You now have a top 7 instead of 8. Then reassess that risk in 12 months to ensure its mitigation is still where it needs ...

We do reporting and have a register. The register generally is not provided during reporting unless requested. We, generally, leave risks being reported in the report until the fiscal year end for consistency. However, once we start new reporting, a ...

Hi Kristina, We only report on open risk that have not been fully mitigated. When we have a well-managed risk, it remains on our register but not on our top risks. We actually don't delete any risks from our register, we attribute a status to all our ...

It should be kept in the Risk Register with an explanation of current mitigation details. When the current mitigation changes in the future the residual risk would change so the risk level. Initial risk level (number) and residual risk level (number) ...