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Risk Management Committee Minutes are essential corporate governance documents required under Nigerian law to record the deliberations and decisions of an organization's risk oversight body. These minutes serve as the official documentation of how an organization monitors and manages its risk exposure, compliance obligations, and internal control systems. The document must align with the Companies and Allied Matters Act (CAMA) 2020, the Nigerian Code of Corporate Governance 2018, and any sector-specific regulations. Risk Management Committee Minutes typically include attendance records, risk assessments, policy reviews, compliance updates, and formal resolutions. They are particularly crucial for regulated industries and public companies, where they may be subject to regulatory review and audit.

1. Meeting Details: Date, time, venue/meeting mode (physical/virtual/hybrid), and type of meeting (regular/special)

2. Attendance: List of committee members present, absent with apologies, absent without apologies, and other attendees (invitees/observers)

3. Quorum Confirmation: Statement confirming that required quorum was met as per committee charter

4. Previous Minutes: Confirmation of accuracy and approval of previous meeting minutes, including any amendments

5. Action Items Review: Update on action items from previous meeting

6. Risk Dashboard Review: Review of key risk indicators, risk appetite metrics, and significant risk events

7. Risk Management Updates: Discussion of current risk management initiatives, emerging risks, and mitigation strategies

8. Compliance and Regulatory Updates: Review of regulatory changes, compliance issues, and regulatory reporting status

9. Decisions and Resolutions: Formal recording of all decisions made and resolutions passed during the meeting

10. New Action Items: List of new tasks assigned, responsible persons, and deadlines

11. Next Meeting: Date and time of next scheduled meeting

12. Closure: Time of meeting conclusion and signature requirements