Who is typically responsible for risk management and compliance within sport organizations?

• A. Governance body
• B. Marketing department
• C. Event volunteers
• D. Security team

Answer: (A)

The governance body is typically responsible for risk management and compliance because these duties require setting the organization’s direction, policies, and accountability across all areas. They define the risk framework, establish tolerance levels, approve policies, and oversee how risks are identified, assessed, and mitigated. They ensure the organization complies with laws, regulations, codes, and contractual or ethical requirements, and they monitor performance to protect assets, reputation, and stakeholders. Other groups, like marketing, security, or volunteers, play important operational roles, but ownership of the overall risk and compliance framework rests with the governance body.