The Enterprise Risk Management (ERM) policy has been amended to introduce text to the policy regarding: (i) a Corporate Vetting Committee (the Risk Committee), relating to the implementation of the Anti-Money Laundering / Countering the Financing of Terrorism (AML/CFT) policy; (ii) the Senior Designated Officer (SDO) and Chief Risk Officer; and (iii) a revised Summary Table of UNDP Risk Management Roles and Responsibilities. The policy amendments also include text to emphasize the need for coherent and harmonized approach across UNDP’s programme and operations on risk management.
|