Abstract :
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Following PP Resolutions 151, 71, and 72, as well as recommendations from the Independent Management Advisory Committee (IMAC) and the UN Joint Inspection Unit (JIU), ITU is implementing a systematic risk management framework, as a process of continuous improvement of its managerial practices towards increasing efficiency, transparency, and accountability. This document introduces the draft ITU risk management policy. This policy is complemented by a separate Risk appetite statement (C17/73) indicating the amount and type of risk that the organization is willing to take in order to meet its strategic goals and objectives - this includes reference to both the organization's risk appetite as well as its risk tolerance.
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