In January this year, the Department submitted a memorandum of evidence to the House of Lords Economic Affairs Committee Inquiry into the Government's policy on the management of risk. This sets out the Department's approach to managing risk.
A copy of the memorandum by the Department has been published by the House of Lords Select Committee on Economic Affairs. This is available at:
www.publications.parliamentuk/pa/ld200506/ldselect/ldeconaf/183/18302.htm#evidence