risk management strategy

abbrev. RMS, a statement prepared by an RSE license applicant that sets out specified information including:

* The measures and procedures the trustee will apply to identify, monitor and manage risks that arise in relation to its activities as an RSE licensee;

* The measures and procedures the trustee will apply to identify, monitor and manage risks associated with governance and decisions making, outsourcing arrangements, any change to the RSE license and the risks of potential fraud and theft.

See also operating standards , registrable superannuation entity , registrable superannuation entity licensee