Ethos & Risk Appetite
We are very proud to be the only truly independent stockbroking and investment management company in the Channel Islands.
Our vision is to be the leading stockbroker and investment manager in the Channel Islands and beyond.
Our mission is to relentlessly focus on service to improve our clients' experience.
We pride ourselves on our plain-speaking, client-focused, entrepreneurial approach and strive to develop long-term personal relationships with our clients by utilising our wealth of experience to create trust and mutual respect.
Put simply 'our business is you'.
Ravenscroft's (the "Group") approach is to minimise its exposure to reputational, compliance and financial risk, whilst accepting and encouraging an increased degree of risk in pursuit of its mission and objectives, set out in its strategic plan and key risk documents set out below.
It recognises that its appetite for risk varies according to the activity undertaken, and that its acceptance of risk is subject always to ensuring that potential benefits and risks are fully understood before developments proceed, and that sensible measures to mitigate risk are established.
As a result the Group manages its financial operations to attain a reasoned risk/return relationship, which serves as a guideline for acceptable credit risks, market risks, and liquidity risks. The Group's business operations also involve risks related to strategic, reporting, compliance, and operations objectives. All these risks will be identified, managed and assessed within a general risk management framework which includes the following key documents, the Business Risk Assessment the Conduct Risk Assessment, the Risk Register and the associated Compliance Monitoring Plan.
The Group reviews its risk appetite annually adjusting it by type of risk and if appropriate setting target values for risk-specific indicators in light of the economic cycle and market prospects. The Group's Board of Directors and its Risk & Compliance Committee review the risk appetite and associated policies whenever the economic outlook changes significantly and aligns its strategy, processes, technology and people in order to improve efficiency and effectiveness.