BRC

E737313

BRC is an abbreviation commonly used to refer to a Board Risk Committee, the governing body responsible for overseeing an organization’s risk management framework and policies.

All labels observed (1)

Label Occurrences
BRC canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf abbreviation
board committee
governing body
collaboratesWith audit committee
chief risk officer
executive management
domain corporate governance
risk management
focusesOn compliance risk
emerging risks
financial risk
operational risk
reputational risk
strategic risk
hasFunction advise the board on risk appetite
escalate significant risk issues to the full board
monitor key risk exposures
oversee organization’s risk management framework
oversee risk management policies
review effectiveness of risk management systems
isGuidedBy board-approved risk appetite
isPartOf board of directors structure
mayBeEstablishedBy financial institutions
large private companies
public companies
mayInclude independent non-executive directors
risk management experts
meets regularly to review risk matters
objective ensure risks are identified, assessed, and managed
support sustainable long-term value creation through risk oversight
operatesUnder board committee charter
oversees enterprise risk management
risk appetite framework
risk culture
risk governance
risk management framework
risk management policies
risk reporting
refersTo Board Risk Committee NERFINISHED
reportsTo board of directors
reviews internal control effectiveness related to risk
material risk incidents
risk limits and tolerances
risk reports from management
standsFor Board Risk Committee NERFINISHED

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.