![]() Higher Education Standards Framework (Threshold Standards) 2021 – requires that risks to higher education operations are identified and material risks managed and mitigated effectively.Ĭrime and Corruption Act 2001 (Qld) – refers to corruption risks and development of prevention strategies. Risk management at the University of Queensland ( UQ or the University) is guided by the International Standard ISO31000:2018 – ‘Risk Management Guidelines’ and seeks to comply with the following state and federal legislation relating to risk management:įinancial Accountability Act 2009 (Qld) – requires the establishment and maintenance of an appropriate system of risk management.įinancial and Performance Management Standard 2019 (Qld) – prescribes that UQ's risk management system must provide for mitigating the risk to the University and the State from unacceptable costs or losses associated with the operations of the University, and managing the risks that may affect the ability of the University to continue to provide services.
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