Issue - meetings
Risk Management Policy and Register
Meeting: 21/09/2017 - Pensions Committee (Item 5)
5 Risk Management Policy and Register PDF 123 KB
Additional documents:
- Enc. 1 for Risk Management Policy and Register, item 5 PDF 111 KB
- Enc. 2 for Risk Management Policy and Register, item 5 PDF 177 KB
Minutes:
Bola Tobun, Investment and Treasury Manager presented a report which set out the Risk Management Policy for the London Borough of Tower Hamlets Pensions Fund. The Risk Register and the approach to internal controls in respect of the Pension Fund was also outlined in the report.
The Policy sets out the aims and objectives for the management of risk. It also recognises that risks cannot be entirely removed from the management of the Pension Fund because of the very nature of the Fund itself and the environment in which it operates. The risk management process involves the identification of risk, analysing risks, controlling risks, where appropriate, and the monitoring of risk on an ongoing basis.
RESOLVED:
1. To adopt Risk Register; and
2. To approve the Risk Management Policy and note the key internal controls.