The Accounting Officer's report further reveals that the Enterprise Risk Management Strategy was reviewed under the leadership of the Chief Risk Officer (CRO) in order to integrate risk management into the day-to-day activities of National Treasury. The report also cited the initiative of good governance, and also indicated that the success of the Risk Management Unit through approved risk management processes culminated in an updated Risk Profile for the National Treasury, which is monitored by internal governance structures, including Exco, the Audit Committee and the Risk Management Committee.