3. Risk management
3.1 CAL has adopted a risk management policy and plan designed to identify, assess and manage risk. CAL has established and will continue to maintain internal control systems to monitor, audit and report on risk management strategies and any changes to CALs’ risk profile. At each review of CAL’s risk management plan, the Board will require the Chief Executive and Chief Financial Officer to certify that CAL’s risk management plan is founded on a sound system of risk and financial management and internal control and is operating effectively for all financial security risks.
Updated 30 June 2011.