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Course AGRC-051

Board Risk Oversight and Risk Appetite

Boards carry ultimate responsibility for ensuring that their organisation takes the right risks in pursuit of its strate... The outline covers The Board's Role in Risk Governance, Risk Appetite Frameworks, Board Risk Inf...

  • 5 daysClassroom or online
  • 49Upcoming dates
  • 12Cities
  • €1,825Fees from

Choose your format and date

  • 5 days
  • 09:00–14:00
  • Certificate of attendance

Classroom sessions

  1. 7–11 Dec 2026

    Barcelona

    Next date
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  2. 14–18 Dec 2026

    Frankfurt

    €2,175 + VAT
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  3. 21–25 Dec 2026

    London

    €2,915 + VAT
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  4. 4–8 Jan 2027

    Dubai

    €2,845 + VAT
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  5. 11–15 Jan 2027

    London

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  6. 18–22 Jan 2027

    Barcelona

    €2,275 + VAT
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  7. 25–29 Jan 2027

    Frankfurt

    €2,175 + VAT
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  8. 1–5 Feb 2027

    Frankfurt

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  9. 8–12 Feb 2027

    Geneva

    €3,315 + VAT
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  10. 15–19 Feb 2027

    London

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  11. 22–26 Feb 2027

    Barcelona

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  12. 1–5 Mar 2027

    Barcelona

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  13. 8–12 Mar 2027

    Frankfurt

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  14. 15–19 Mar 2027

    Istanbul

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  15. 22–26 Mar 2027

    London

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  16. 5–9 Apr 2027

    London

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  17. 12–16 Apr 2027

    Barcelona

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  18. 19–23 Apr 2027

    Frankfurt

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  19. 26–30 Apr 2027

    Kuala Lumpur

    €2,425 + VAT
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  20. 3–7 May 2027

    Madrid

    €3,400 + VAT
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  21. 10–14 May 2027

    London

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  22. 17–21 May 2027

    Barcelona

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  23. 24–28 May 2027

    Frankfurt

    €2,175 + VAT
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  24. 7–11 Jun 2027

    Barcelona

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  25. 14–18 Jun 2027

    Frankfurt

    €2,175 + VAT
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  26. 21–25 Jun 2027

    London

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  27. 5–9 Jul 2027

    Barcelona

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  28. 12–16 Jul 2027

    Frankfurt

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  29. 19–23 Jul 2027

    Paris

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  30. 26–30 Jul 2027

    London

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  31. 2–6 Aug 2027

    London

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  32. 9–13 Aug 2027

    Barcelona

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  33. 16–20 Aug 2027

    Frankfurt

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  34. 23–27 Aug 2027

    Rome

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  35. 6–10 Sep 2027

    Barcelona

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  36. 13–17 Sep 2027

    Frankfurt

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  37. 20–24 Sep 2027

    London

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  38. 4–8 Oct 2027

    Frankfurt

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  39. 11–15 Oct 2027

    Amsterdam

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  40. 18–22 Oct 2027

    London

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  41. 25–29 Oct 2027

    Barcelona

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  42. 1–5 Nov 2027

    Barcelona

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  43. 8–12 Nov 2027

    Frankfurt

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  44. 15–19 Nov 2027

    Cape Town

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  45. 22–26 Nov 2027

    London

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  46. 6–10 Dec 2027

    London

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  47. 13–17 Dec 2027

    Barcelona

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  48. 20–24 Dec 2027

    Frankfurt

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  49. 27–31 Dec 2027

    Dubai

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Online / Live sessions

  1. 7–11 Dec 2026

    Live virtual classroom

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  2. 14–18 Dec 2026

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  3. 21–25 Dec 2026

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  4. 4–8 Jan 2027

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  5. 11–15 Jan 2027

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  6. 18–22 Jan 2027

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  7. 25–29 Jan 2027

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  8. 1–5 Feb 2027

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  9. 8–12 Feb 2027

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  10. 15–19 Feb 2027

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  11. 22–26 Feb 2027

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  12. 1–5 Mar 2027

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  13. 8–12 Mar 2027

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  14. 15–19 Mar 2027

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  15. 22–26 Mar 2027

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  16. 5–9 Apr 2027

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  17. 12–16 Apr 2027

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  18. 19–23 Apr 2027

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  19. 26–30 Apr 2027

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  20. 3–7 May 2027

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  21. 10–14 May 2027

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  22. 17–21 May 2027

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  23. 24–28 May 2027

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  24. 7–11 Jun 2027

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  25. 14–18 Jun 2027

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  26. 21–25 Jun 2027

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  27. 5–9 Jul 2027

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  28. 12–16 Jul 2027

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  29. 19–23 Jul 2027

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  30. 26–30 Jul 2027

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  31. 2–6 Aug 2027

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  32. 9–13 Aug 2027

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  33. 16–20 Aug 2027

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  34. 23–27 Aug 2027

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  35. 6–10 Sep 2027

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  36. 13–17 Sep 2027

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  37. 20–24 Sep 2027

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  38. 4–8 Oct 2027

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  39. 11–15 Oct 2027

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  40. 18–22 Oct 2027

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  41. 25–29 Oct 2027

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  42. 1–5 Nov 2027

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  43. 8–12 Nov 2027

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  44. 15–19 Nov 2027

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  45. 22–26 Nov 2027

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  46. 6–10 Dec 2027

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  47. 13–17 Dec 2027

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  48. 20–24 Dec 2027

    Live virtual classroom

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  49. 27–31 Dec 2027

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Introduction

Course overview

Boards carry ultimate responsibility for ensuring that their organisation takes the right risks in pursuit of its strategy and avoids those that could threaten its survival. Recent corporate failures have shown that boards which do not challenge management on risk, or which receive poor risk information, can be caught unaware with severe consequences.

This Board Risk Oversight and Risk Appetite training course explores how boards and their committees can provide effective oversight of risk. Participants examine the board's responsibilities, the structure and role of risk committees, how to articulate and use risk appetite, what good board risk reporting looks like and how to challenge management constructively.

The course is designed for directors and the professionals who support them, combining governance principles with practical tools that improve the quality of board discussion and decision making on risk.

View full course outline

What you will achieve

Learning objectives

  • Explain the board's responsibilities for risk governance and oversight
  • Compare board, risk committee and audit committee roles
  • Develop a risk appetite framework that guides decisions
  • Link risk appetite to strategy, limits and performance
  • Evaluate the quality and usefulness of board risk reporting
  • Challenge management on principal and emerging risks
  • Oversee risk culture and the effectiveness of risk management
  • Use assurance from the three lines to support board confidence

Who should attend

Target audience

  • Board members and non-executive directors
  • Risk and audit committee members
  • Chief risk officers and heads of risk
  • Company secretaries and governance professionals
  • Heads of internal audit
  • Senior executives who report risk to the board

Methodology

Learning approach

  • The course is discussion-led and case-based. Participants analyse governance failures, review sample board risk reports, draft risk appetite statements and take part in simulated board discussions on principal risks. Facilitated debate encourages participants to share practices from their own boards and committees.

Complete course outline

Five focused days of learning and application

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Day 1

The Board's Role in Risk Governance

  1. Governance codes and expectations of board risk oversight
  2. Board responsibilities for principal and emerging risks
  3. Roles of risk committees and audit committees
  4. The relationship between board oversight and management responsibility
  5. Coffee break
  6. The relationship between board oversight and management responsibility (continued)
  7. Lessons from high-profile governance and risk failures
  8. Director duties and liability considerations in overview
  9. Self-assessment of board risk oversight practices

Day 2

Risk Appetite Frameworks

  1. What risk appetite is and why boards need it
  2. Qualitative and quantitative appetite statements
  3. Cascading appetite into limits, tolerances and indicators
  4. Linking appetite to strategy, capital and performance
  5. Coffee break
  6. Linking appetite to strategy, capital and performance (continued)
  7. Using appetite in investment and strategic decisions
  8. Monitoring breaches and escalation
  9. Workshop: drafting a board risk appetite statement

Day 3

Board Risk Information and Reporting

  1. Characteristics of effective board risk reports
  2. Principal risk profiles, heat maps and trend information
  3. Key risk indicators that boards should see
  4. Emerging risk horizon scanning and scenario analysis
  5. Coffee break
  6. Emerging risk horizon scanning and scenario analysis (continued)
  7. Avoiding information overload and false comfort
  8. Questions boards should ask about risk information
  9. Exercise: critiquing a sample board risk report

Day 4

Challenge, Culture and Assurance

  1. Effective challenge without undermining management
  2. Overseeing risk culture and behaviours
  3. Remuneration and incentives as risk drivers
  4. Using the three lines model for assurance
  5. Coffee break
  6. Using the three lines model for assurance (continued)
  7. Assurance mapping and identifying gaps
  8. Interaction with internal and external auditors
  9. Simulation: a board discussion on a principal risk

Day 5

Crisis, Resilience and Continuous Improvement

  1. Board oversight of crisis preparedness and resilience
  2. Board roles during a major incident
  3. Oversight of cyber, climate and geopolitical risks
  4. Evaluating the effectiveness of risk management
  5. Coffee break
  6. Evaluating the effectiveness of risk management (continued)
  7. Board and committee effectiveness reviews
  8. Developing director risk knowledge and skills
  9. Personal action plan for improving board risk oversight

Ready to book?

Board Risk Oversight and Risk Appetite

Next session: 7 - 11 December 2026, Barcelona

Course FAQs

Questions about this course

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What does Board Risk Oversight and Risk Appetite (AGRC-051) cover?

This course covers Auditing and Governance Risk and Compliance through a structured five-day outline focused on practical application, discussion, and implementation planning.

When is the next available session?

The next scheduled session starts on 21 - 25 December 2026. See the course schedules section for the available dates and delivery formats.

Who should attend this course?

Board members and non-executive directors, Risk and audit committee members, Chief risk officers and heads of risk

Is bilingual course delivery available?

Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.

How can I register for a session?

Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.

Is this course available online as well as classroom-based?

Check the course schedules section for currently published classroom and Online / Live sessions.

Where are classroom sessions delivered?

Current classroom venues include London, Barcelona, Frankfurt, Dubai, Geneva, Istanbul, Kuala lumpur, Madrid, Paris, Rome, Amsterdam, Cape Town.

How long is the training programme?

The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).