The objective of the risk framework
The objective of the risk framework isto align strategy, funding, process, people, technology and knowledge in order to evaluate and manage business opportunities, uncertainties and threats in a structured, disciplined manner. REACH uses a risk based approach in any decision making. The Peace and programmes and supporting sustainability activities are all risk stressed .In this way we seek to ensure that risk and capital implications are considered when making strategic and operational decisions.
The REACH’s risk profile
We assess the Organization’s risk profile through different models, in line with our risk appetite. We seek to optimise funding efficiency, avoiding excessive risk concentrations, political risks and diversifying risk where possible. In this context, we view risk concentration and diversification within each Peace and restorative justice programmes
In line with our peers, there is significant regulatory change impacting the financial services.