Free · No membership · No fees · No login One standard. One language. Australian financial services.
Risk Frameworks Australia (RiskFA)

Risk Frameworks Australia
Free Risk Management
Frameworks

Industry-standard frameworks, policies and terminology for Banking, Finance, Superannuation, Insurance & Investment, so business and risk professionals all speak the same language. Aligned to current market and industry best practices. Free, with no membership.

One standard

Set once, for the industry

Frameworks, policies and terminology set once for the whole industry, instead of every organisation paying to build its own version of the same thing.

View Frameworks
One language

Everyone means the same thing

The same terms, ratings and reports across organisations, so boards, business and risk professionals can talk the same language.

Why a Standard
Portable expertise

Work anywhere in the industry

  • Know the standard wherever you work
  • No spend on duplicate frameworks
  • Aligned to current regulation
  • Free, no membership, no login

Risk Frameworks Australia sets industry standards for risk frameworks, policies and terminology, so that business and risk professionals across Australian financial services all speak the same language.

Why an industry standard?

Organisations operating under the same regulators and the same obligations don’t need their own specialised versions of the same framework.

Risk appetiteHow much risk we accept
+
Supporting controlsWhat keeps us within it
=
Management of riskThe substance

Everything else is how we speak, document and report it, and that should be standard.

Same regulators, same standard

Banks, lenders, super funds, insurers and investment firms answer to the same regulators and obligations. One industry standard meets them once, for everyone.

Stop paying to reinvent

Organisations no longer need to invest in building and maintaining their own specialised frameworks, policies and terminology for the same regulated activities.

Expertise that travels

Experts and employees can move across organisations and industries knowing what the standard is, and boards and regulators read reports they already understand.

Aligned to your industry

Our frameworks align to the five sectors of Australian financial services.

Banking

Banks, authorised deposit-taking institutions and lenders.

Finance

Credit providers, payments and financial services firms.

Superannuation

Super funds and trustees.

Insurance

General, life and health insurers.

Investment

Fund managers, platforms and investment firms.

The framework library

Free to download

A risk management framework sets out how an organisation identifies, assesses, treats, monitors and reports its risks, and who is accountable for each step.

View the framework library

GovernanceRoles, accountability and oversight
Risk appetiteHow much risk to accept
IdentificationFinding and recording risks
AssessmentLikelihood and consequence
TreatmentControls and actions
Monitoring & reportingKeeping risks in view

How it works

Everything here is free. Adopt the standard as written so your language matches the industry, fill in what is specific to you, and get professional advice where your organisation needs it.

  1. Browse

    Find the standard framework or policy you need.

  2. Adopt

    Use the standard terms, ratings and structure as written; set your own risk appetite, thresholds and names.

  3. Apply

    Put it to work, review it regularly, and seek independent advice where needed.

About Risk Frameworks Australia

Risk Frameworks Australia (RiskFA) sets free industry standards for risk management frameworks, policies and terminology, so that business and risk professionals across Australian financial services can all speak the same language. We are not a membership body and we don’t charge fees: the standards are free for everyone to adopt.

One standard. One language.

Free industry-standard frameworks, policies and terminology. No membership.