{"?xml":{"@version":"1.0"},"edm:RDF":{"@xmlns:dc":"http://purl.org/dc/elements/1.1/","@xmlns:edm":"http://www.europeana.eu/schemas/edm/","@xmlns:wgs84_pos":"http://www.w3.org/2003/01/geo/wgs84_pos","@xmlns:foaf":"http://xmlns.com/foaf/0.1/","@xmlns:rdaGr2":"http://rdvocab.info/ElementsGr2","@xmlns:oai":"http://www.openarchives.org/OAI/2.0/","@xmlns:owl":"http://www.w3.org/2002/07/owl#","@xmlns:rdf":"http://www.w3.org/1999/02/22-rdf-syntax-ns#","@xmlns:ore":"http://www.openarchives.org/ore/terms/","@xmlns:skos":"http://www.w3.org/2004/02/skos/core#","@xmlns:dcterms":"http://purl.org/dc/terms/","edm:WebResource":[{"@rdf:about":"http://www.dlib.si/stream/URN:NBN:SI:doc-M7XNPC73/ee8634ac-4449-4c9a-af6b-262f71c17d32/PDF","dcterms:extent":"315 KB"},{"@rdf:about":"http://www.dlib.si/stream/URN:NBN:SI:doc-M7XNPC73/6dfe30e8-90fe-44b2-9ab0-b2b12cb9e74c/TEXT","dcterms:extent":"38 KB"}],"edm:ProvidedCHO":{"@rdf:about":"URN:NBN:SI:doc-M7XNPC73","dcterms:issued":"2026","dc:creator":"Škrk, Martin","dc:format":{"@xml:lang":"sl","#text":"1 spletni vir (1 datoteka PDF (15 str.))"},"dc:identifier":["COBISSID:281713667","ISBN:978-961-7230-43-7","URN:URN:NBN:SI:doc-M7XNPC73"],"dc:language":"en","dc:publisher":{"@xml:lang":"sl","#text":"Banka Slovenije"},"dc:source":{"@xml:lang":"sl","#text":"knjige"},"dc:subject":[{"@xml:lang":"sl","#text":"bančni nadzor"},{"@xml:lang":"sl","#text":"Banke"},{"@xml:lang":"sl","#text":"centralne banke"},{"@xml:lang":"sl","#text":"elektronske knjige"},{"@xml:lang":"sl","#text":"Finančne institucije"},{"@xml:lang":"sl","#text":"kultura tveganja"},{"@xml:lang":"sl","#text":"Kurporativno upravljanje"},{"@xml:lang":"sl","#text":"Upravljanje tveganj"}],"dc:title":{"@xml:lang":"sl","#text":"Risk appetite frameworks for central banks|"},"dc:description":{"@xml:lang":"sl","#text":"Corporate managements often implement an enterprise-wide or integrated risk appe-tite framework (RAF) as one of their business strategy tools. Industry standards, such as ISO or COSO, provide comprehensive guidance for integrating risk man-agement practices into corporate governance processes. An RAF often constitutes one of the key building blocks in business strategies. According to COSO, risk appe-tite helps an organization know when decisions are diverting efforts away from the mission and vision… Risk appetite is a fundamental part of setting strategy and ob-jectives, providing context as the organization pursues a given level of performance (Martens and Rittenberg, 2020). Banking supervision (SSM) in the EU has generally adopted a similar approach, and therefore banks and other financial institutions are encouraged to embed risk appetite in their corporate policies. The ECB considers (for credit institutions) a well-developed RAF, articulated through the risk appetite state-ment, to be a cornerstone of a sound governance framework, alongside a strong risk culture and well-defined responsibilities for risk management and control functions. It is further expected that the RAF is also being used in strategic decisions and in con-nection with the bank’s strategic processes (ECB, 2024). A similar definition of an RAF is provided by FSB (2013). In 2016, 30% of systemically important (SI) credit institutions supervised by SSM re-ported that they had developed an RAF within the last 18 months, while a further 12% had one under development (ECB, 2016). Today, the overall share of the credit institutions in the EU with a developed RAF is likely higher. This note investigates possible reasons behind such practices and proposes direc-tions for setting a holistic and strategic risk management framework with the inclusion of RAFs for central banks"},"edm:type":"TEXT","dc:type":[{"@xml:lang":"sl","#text":"knjige"},{"@xml:lang":"en","#text":"books"},{"@rdf:resource":"http://www.wikidata.org/entity/Q571"}]},"ore:Aggregation":{"@rdf:about":"http://www.dlib.si/?URN=URN:NBN:SI:doc-M7XNPC73","edm:aggregatedCHO":{"@rdf:resource":"URN:NBN:SI:doc-M7XNPC73"},"edm:isShownBy":{"@rdf:resource":"http://www.dlib.si/stream/URN:NBN:SI:doc-M7XNPC73/ee8634ac-4449-4c9a-af6b-262f71c17d32/PDF"},"edm:rights":{"@rdf:resource":"http://rightsstatements.org/vocab/InC/1.0/"},"edm:provider":"Slovenian National E-content Aggregator","edm:dataProvider":{"@xml:lang":"en","#text":"National and University Library of Slovenia"},"edm:object":{"@rdf:resource":"http://www.dlib.si/streamdb/URN:NBN:SI:doc-M7XNPC73/maxi/edm"},"edm:isShownAt":{"@rdf:resource":"http://www.dlib.si/details/URN:NBN:SI:doc-M7XNPC73"}}}}