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Risk Management and Fraud Control

The Directors have established a risk management and fraud control plan in line with the Commonwealth’s endeavours to make risk management an integral part of everyday business practice. The RWRC does not receive any funding from the Commonwealth and therefore does not need to apply the promulgated Commonwealth Fraud Control Guidelines (Guidelines). However, the Directors have adopted the Guidelines as best practice standards for fraud control and have implemented fraud control arrangements commensurate with the RWRC’s activities. The RWRC’s risk management and fraud control plan was reviewed and updated in April 2019.