Governance

Risk register

Formal definition

In governance, Risk register refers to a register used for identifying, logging, and resolving operational risks before they become major service failures.

What this actually means for you

Trustees and governance leads should treat Risk register as an operating standard: set severity definitions and escalation SLAs so teams respond proportionately and quickly, then review it before board and committee decisions.

Example: In a live quarterly cycle, Risk register is applied like this: a high-severity incident triggers a same-day response call with owners, mitigations, and review deadlines. The team then records the decision trail in risk registers, issue logs, and status updates.

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