risk appetite framework (RAF)

ESG-Begriffe Europäische Zentralbank (EZB)

Definition

Institutions are expected to have in place a risk appetite framework (RAF) that considers all the material risks to which the institution is exposed, that is forward-looking, in line with the strategic planning horizon set out in the business strategy and that is reviewed regularly.

Quelldokument

Guide on climate-related and environmental risks - Supervisory expectations relating to risk management and disclosure (November 2020)

Diese Angaben wurden automatisiert per KI aus den genannten Quelldokumenten extrahiert und können Fehler enthalten.