Management

Risk Management Strategy EEA & Norway Grants 2009-2014

---

This
document outlines the
Risk Management Strategy
for the
management
of the EEA &
Norway Grants.
2.
The
strategy applies directly to the donor
states and their Secretariat
–
the Financial
Mechanism Office (FMO)
.
3.
The
risk management of the beneficiary states
is
guided by the
respective
national systems
,
while the Regulations require active risk management and reporting to the donors and the
FMO
on risk assessment and handling.
4.
The strategy builds on the principle
that s
ound risk management
is
essential to effective
ly
achiev
ing
the expected results
of the EEA and Norway Grants
.
The EEA & Norway Grants are
established to contribute
to the overall o
bjectives of reduced economic and social disparities
in the European Economic Area and to strengthened bilateral relations between the donor
and beneficiary states
,
as well as a number of related programme
objectives
and results
related to horizontal conce
rns
.
5.
This document
sets out:

Principles, definitions and the levels at which ris
k
management should be applied
;

The m
ain features of
the
risk management
approach
applied by the donors and the
FMO
;

The responsibilities of
the key actors at
the different
levels.
6.
The s
trategy builds on the legal framework
for
the EEA & Norway Grants
2009
-
2014
(Section
5
) and should be read in conjunction with the
Results and
R
isk
M
a
nagement
Guide
.
1

---

Availability

No copy data

Detail Information

Series Title

-

Call Number

-

Publisher

: .,

Collation

-

Language

English

ISBN/ISSN

-

Classification

NONE

Content Type

-

Media Type

-

Carrier Type

-

Edition

-

Subject(s)

-

Specific Detail Info

-

Statement of Responsibility

-

Other version/related

File Attachment

Comments

---

You must be logged in to post a comment