The consultation on the Principles and guidance for board risk committees and risk functions in the UK financial services sector (the guidance) is now closed.

We have received over sixty responses to the consultation exercise and this feedback will be taken into account in developing the final version of the guidance. We would like to thank all those who have taken the time to read and consider the guidance, and to provide us with their views.

A summary of responses will be made available in a feedback statement when the final guidance is published. Final guidance will be issued by the Risk Coalition at a launch event hosted by the Financial Reporting Council on 4 December 2019.

Notwithstanding the closure of the formal consultation, we continue to welcome feedback on all aspects of our work, including suggestions for future Risk Coalition projects. This can be sent to

The consultation document continues to be available for download, below.