The risk ratings are an internal tool that we use to guide our day-to-day relationship with each sponsored body. The ratings can change whenever there is a significant change in a body’s activities or in its external environment, therefore we do not publish them.
We will shortly use the risk ratings to delegate greater freedom, where appropriate, for sponsored bodies to undertake capital projects without having to seek approval from Government. We will continue to look for ways of streamlining the framework of checks and controls that applies to low-risk bodies.