Document background
The Risk Maturity Assessment document serves as a critical tool for organizations operating under Belgian jurisdiction seeking to evaluate and enhance their risk management capabilities. It is typically used when organizations need to assess their current risk management practices, identify gaps, and develop improvement strategies. The assessment covers various risk domains including strategic, operational, financial, and compliance risks, while ensuring alignment with Belgian corporate governance requirements and EU regulations. This document is particularly relevant in the context of increasing regulatory scrutiny, complex business environments, and the need for robust risk management frameworks. The Risk Maturity Assessment takes into account specific Belgian legal requirements, including data protection under GDPR, industry-specific regulations, and corporate governance codes, while providing a structured approach to evaluating and improving risk management practices.
