Risk registers may take various forms, but the information they contain can sometimes look similar and extremely sensitive. In January 2019 the management of QR Company ltd. discussed whether or not to release the full risk register that had been created for the highly controversial reform of their service provisions. The Senior Financial Manager of QR Company ltd., Mr. Kiboko Laurence, told the management that only an edited version of this document would be made available, on the principle that'direct language and frank assessments' should be used when giving information to the public. However, Mr. Kiboko argued that if this document was to be released then 'future risk registers would become documents of little use.' The net result would be that 'Potential risks would be more likely to develop without adequate mitigation. That would be detrimental to good governance and in turn very much against the public interest.'

Using this example as an illustration, discuss whether there is a tension between realistic assessment of risk and the openness that may be implicit in a risk register.