Change of https://www.gov.uk/government/publications/orange-book

Change description : 2025-04-24 14:35:00: The former Risk Management bank of questions has been replaced with the Central Government’s Assurance Directory. [Guidance and regulation]

Showing diff : 2024-11-21 09:53:19.592905191 +00:00..2025-04-24 13:35:24.345790113 +00:00

Guidance

Orange Book

This guidance establishes the concept of risk management.

From:
Government Finance Function and HM Treasury
Published
29 May 2013
Last updated
2124 NovemberApril 20242025 — See all updates

Documents

Orange Book: Management of risk - Principles and Concepts (PDF 462KB)

PDF, 465 KB, 64 pages

RiskCentral ControlGovernment’s FrameworkAssurance 'BankDirectory of(formerly Questions'RCF NovemberBoQ) 2024April 25

MS Excel Spreadsheet, 1.961.43 MB

Portfolio Risk Management Guidance Orange Book Annex

PDF, 1.91 MB, 24 pages

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Risk Appetite Guidance Note

PDF, 722 KB, 22 pages

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Risk Management Skills and Capabilities Framework

PDF, 3.37 MB, 22 pages

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Good Practice Guide: Risk Reporting

PDF, 637 KB, 20 pages

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Details

This guidance establishes the concept of risk management and provides a basic introduction to its concepts, development and implementation of risk management processes in government organisations.

It should be read and used in conjunction with the other publications such as the Green Book which provides specific advice on appraisal and evaluation.

Updates to this page

Published 29 May 2013
Last updated 2124 NovemberApril 2024 + show2025 href="#full-history">+ show all updates

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Update history

2026-07-29 17:07
The four documents:Portfolio Risk Management Guidance Orange Book AnnexRisk Appetite Guidance NoteRisk Management Skills and Capabilities FrameworkGood Practice Guide: Risk ReportingWere deleted as they were out of date, contained links to superseded guidance and no longer fully reflect the current Risk Centre of Excellence thinking and practice. Additionally, a small line was added to the top of the page including a link to the internal intranet for the Government Finance Function, OneFinance.

2026-06-03 16:23
The Central Government’s Assurance Directory has been updated.

2025-06-03 12:47
Added a new attachment – A Quick Guide: Central Government’s Assurance Directory. A document supporting the newly added CGAD (also attached in this document).

2025-04-24 14:35
The former Risk Management bank of questions has been replaced with the Central Government’s Assurance Directory.

2024-11-21 09:53
Update to the Risk Control Framework ‘bank of questions’ excel tool 2024 on Gov.​uk to incorporate updates to some of the sections as follows:a. Part 1 – extension of Orange Book risk questions;b. an addition of a new section to cover UK Sanctions; c. general update to the spreadsheet to ensure references remain valid and link to latest versions of documents; andd. minor format changes, for example, change to contents pages and change to HMTreasury logo.

2023-05-04 15:35
Added Risk Control Framework ‘Bank of Questions’ April 2023 document

2023-05-04 14:38
New edition of the Orange Book and a new annex ‘Portfolio Risk Management Guidance Orange Book Annex’ has also added.