§9651. Establishment of risk and audit committees — Inbound Citations

22 U.S.C. § 9651

Cited by 3 provisions in release 119-102.

Citations to 22 U.S.C. § 9651 as a whole

22 U.S.C. § 9613(f)(2)(B)

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(B) support the risk committee of the Board established under section 9651 of this title in carrying out its responsibilities as set forth in subsection (b) of that section, including by—

(i) developing, implementing, and managing a comprehensive framework and process for identifying, assessing, and monitoring risk;

(ii) developing a transparent risk management framework designed to evaluate risks to the Corporation’s overall portfolio, giving due consideration to the policy imperatives of ensuring investment and regional diversification of the Corporation’s overall portfolio;

(iii) assessing the Corporation’s overall risk tolerance, including recommendations for managing and improving the Corporation’s risk tolerance and regularly advising the Board on recommended steps the Corporation may take to responsibly increase risk tolerance; and

(iv) regularly collaborating with the Chief Development Officer and the Chief Strategic Officer to ensure the Corporation’s overall portfolio is appropriately balancing risk tolerance with development and strategic impact.
22 U.S.C. § 9653(a)(1)

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(1) the economic and social development impact, including with respect to matters described in subsections (d), (e), and (f) of section 9651 of this title, of projects supported by the Corporation under subchapter II of this chapter;