National Risk Management A Practical ERM Approach for Federal Governments

April 18, 2018

This paper presents a value-based approach to ERM and discusses how federal governments can use it to support risk-reward decision making at the highest levels of government and increase the chances of achieving critical national goals. Value-based ERM provides a key link between risk and reward using a robust yet practical approach that is easier to implement and maintain than current ERM methods widely in use. The paper provides guidance step-by-step procedures, implementation tips and red-flag cautions to federal governments on how to adopt this approach.

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Horserace Betting Levy Board

The Horserace Betting Levy Board (HBLB) is a UK statutory body that was established by the Betting Levy Act 1961. It operates in accordance with the provisions of the Betting, Gaming and Lotteries Act 1963 (as amended). It is a non-departmental public body (NDPB), and its sponsoring Government department is the Department for Digital, Culture, Media and Sport.

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Spotlight

Horserace Betting Levy Board

The Horserace Betting Levy Board (HBLB) is a UK statutory body that was established by the Betting Levy Act 1961. It operates in accordance with the provisions of the Betting, Gaming and Lotteries Act 1963 (as amended). It is a non-departmental public body (NDPB), and its sponsoring Government department is the Department for Digital, Culture, Media and Sport.

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