This guide has three main aims:

–Changing risk requirements: to provide risk managers with an understanding of the changing governance and risk management expectations of the board and guidance on how to approach the new challenges

–Changing role of risk managers: to support risk managers in understanding the challenges they face in elevating their role from risk manager to risk leader and in moving to an environment with risk leadership expectations

–Changing risk process: to give risk managers recommendations on how best to measure resilience so that they can ensure resilience across all five principles and to provide practical advice on how to improve resilience.