Summary
A risk appetite statement (RAS) is the written articulation of the level and types of risks that a firm is willing to accept in pursuit of its strategic goals and business objectives. The RAS is a tool for communicating your firm’s desired risk profile and informs all risk-based decisions, including policies, processes, controls, and systems. The Forrester Risk Appetite Statement Template provides a structured way to draft an RAS that aligns your organization’s business strategy with risk capacity.
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