​A risk based approach to managing and responding to risk

Presenter: Morena Stanley, 29 May 2017

Session Length: 1 hour

The Training Accreditation Council's regulatory approach has been developed in line with the approach described in the Standards for VET Regulators which aims to ensure '…the integrity of nationally recognised training by regulating RTOs ... using a risk based approach that is consistent, effective, proportional, responsive and transparent.' (p4)

The approach described in the Standards enables VET regulators to deal more effectively with poor quality in the sector and to improve confidence of VET outcomes. This enables a focus on RTOs or sectors deemed to pose the highest risk to quality outcomes, while allowing those with a history of consistent compliance to operate with reduced regulatory scrutiny.

This presentation focuses on TAC's risk based approach, including how TAC manages and responds to risk.

Related Documents/Links

• TAC Regulatory Approach