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Risk Report Introduction – 89 Risk and Capital Overview – 90 Key Risk Metrics – 90 Overall Risk Assessment – 91 Risk Profile – 92 Risk and Capital Framework – 94 Risk Management Principles and Governance – 94 Risk Governance – 95 Risk Culture – 98 Risk Appetite and Capacity – 99 Risk … Summary of overall Operational Risk Mitigation Progress for Quarter 3 Interpretation: The risk assessment report reflects a total of 71 risk mitigation plans that were due for reporting in the 3rd quarter excluding strategic risks. Risk Management Report 6|Page 2016 Section 1: Risk Management Goals and Objectives Objectives of 2016 Risk Management Report A key objective of the 2016 Risk Management Report is to focus on some specific risk management activities being undertaken at the University, in order to provide a basis for the Board to assess the effectiveness of Country risk 36 8. 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