Institute of Risk Management, South Africa

5. OBJECTS

The objects of the Institute are:

(a)	to promote the common interests of persons carrying on the risk management profession throughout the Republic of South Africa and elsewhere by means other than the carrying on by the Institute of any trading or other profit making activities, or the participation by the Institute in any business, profession or occupation carried on by any of its members, or the provision to any of its members of financial assistance or of any premises or continuous services or facilities required by its members for the purpose of carrying on any business, profession or occupation;
(b)	to advance the theory and practice of risk management in all its aspects;
(c)	to provide a forum for discussion on subjects of interest to persons engaged in enterprise risk management;
(d)	to preserve at all times the professional independence of members of the risk management profession;
(e)	to insist upon a high standard of professional behaviour on the part of members of the Institute and to preserve and maintain the integrity and status of the profession, and to take any steps which may be thought necessary to stop or prevent dishonourable conduct and practices by members, for this purpose to hold enquiries into the conduct of members and to take disciplinary action against members, including the termination of their membership and their expulsion from the Institute;
(f)	to consider and pass comment on actual or impending legislation in the Republic of South Africa affecting the risk management profession or otherwise and to apply for, petition for, or promote any Act of Parliament or other legislative enactment desirable for the betterment or enhancement of the profession of risk management;
(g)	to provide for research into risk management and kindred matters and to provide members with information on developments in professional thought and methods both inside and outside the Republic of South Africa;
(h)	to provide opportunities for an exchange of views among members;
(i)	to implement steps to enable the risk management profession as far as is practicable to speak with one voice on matters of national or international importance affecting the profession;
(j)	to promote and develop on behalf of members public relations programmes designed to inform the general public about the risk management profession and to give a proper appreciation of its functions and problems;
(k)	to apply for membership of and to cooperate with national and international bodies representing the interests of the risk management profession;
(l)	to publish and distribute, to members and other interested parties, risk related material, books, pamphlets or other publications relating to the professional affairs of the Institute or of its members or relating to the risk management profession;
(m)	to organise, control and participate in national and international congresses of risk managers;
(n)	to offer and/or provide information on risk management education and training interventions;
(o)	to cooperate with and, if necessary, assist by way of financial grant or otherwise, those universities, societies and regional associations which provide education and training for persons wishing to qualify as risk managers;
(p)	to assist and collaborate with representative bodies of professional societies, institutes and associations outside the Republic of South Africa in regard to the profession of risk management;
(q)	to establish or support or administer, or to aid in the establishing or supporting or administration of associations, funds and trusts calculated to benefit members of the Institute or their dependents or employees, as well as students at educational institutions who are studying towards qualifying as risk managers and teachers of those students;
(r)	generally to do and undertake and advise on all matters which may be expedient and in the interests of members of the Institute and the general public in relation to matters of concern to the profession of risk management;
(s)	generally to do such other things as may be incidental or conducive to the attaining of the above objects.

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