Risk management for Trustees'.

In our latest guide, our experts explain how risk management should be an active, ongoing part of charity governance. Trustees should identify the risks that matter most, assess their significance, introduce proportionate controls, assign ownership, and regularly review both the risks and the effectiveness of mitigation measures. Simply maintaining a generic risk register is not enough.

Key topics include:

• Risk is the possibility of something going wrong, but it can also include failing to take advantage of opportunities. Trustees should therefore consider both threats and missed opportunities when assessing risk.
• The Charity Commission’s 2025 Sector Risk Assessment identified financial resilience and risks to public benefit as key sector-wide concerns.
• Each charity faces different risks, so risk management should be tailored to the charity’s specific objectives, activities and circumstances.