Risk management options

(v) Risk management.

(10) risk management.

There are potential gains as well as risks in this approach.

Internal control and risk management

C. Risk management strategy

Managing Risk to Save the Poor

II. Risk management

These other risk management departments shall take charge of identifying and evaluating various kinds of risks, including their own compliance risks, and reporting the related compliance risk information to the compliance department, and shall, with cooperation with the compliance department, monitor and evaluate compliance risk.

Management has already established a risk management committee that will evaluate the piloting of enterprise risk management in the organization.

The term compliance risk as referred to in the present Guidelines means the risk of undertaking legal responsibility, supervisory punishment, financial losses or reputation losses as a result of an incompliant insurance operation and management behavior made by the insurance company or any of its employees and marketing staff.

UNHCR risk management framework

As to the claim of fire risk he submits that both this risk and the alleged security risk were invented by the prison authorities to deny prisoners access to legal documents.

3. Trade finance and risk management

Equally, risk managers should have the authority to override senior management if necessary in order to cut excessive exposures.

The position of risk manager, according to one generic job description provided by industry sources, includes responsibility for supervising corporate policy in risk retention and management, fire protection, security and personnel safety.

Political interference in the regulatory and legal framework implied high uncertainty which made investments very risky.

In this capacity, the Compliance Officer will serve as an adviser on legal issues to the Chief of the Risk and Compliance Section.

Diversification can serve as a risk management strategy, but risk can also hamper diversification.

Internal audit and corporate risk management

8. Insurance premiums as measures of the effectiveness of risk management activities

16. As a result, no standardized policy in risk retention and management had been developed across the Organization.

(a) Enterprise risk management and internal control framework

(b) Reviewing risk management and the internal control system

Improved information and communications technology risk management

The new concept of integrated risk management was adopted for interventions in disaster situations

58. The Office of Internal Oversight Services believes that a more comprehensive, cohesive approach to managing risk is necessary.

Access to finance and risk management would also support entrepreneurial efforts.

The risk management module was implemented in the third quarter of 2004.

During the reporting period, UNHCR's Audit Service had embarked on a risk management pilot project in collaboration with PricewaterhouseCoopers which aimed to develop a culture of risk awareness and active risk management within the Office.

Risk assessment tsunami relief operation in Sri Lanka

At the enterprise level, managers need to learn how to evaluate and manage risk how to account for risk in their business plans, how to reduce cash flow volatility by forward contracting and price risk management, and how to reduce marketing risks by, among other things, better logistics.

Decision making support mechanisms such as risk assessment and risk management, have been set up under these projects.

The integrated risk and return management method is a practical approach that should be adopted by any pension fund.

Conscious of the volatility of the currency exchange markets and the significant risk that unanticipated exchange rate changes have on operations, management will continue to assess and manage the risks posed by volatile currency fluctuations.

Conscious of the volatility of the currency exchange markets and the significant risk that unanticipated exchange rate changes have on operations, management will continue to assess and manage the risks posed by volatile currency fluctuations.

Less material discrepancies were noted at other missions

Article 19 A cooperation mechanism between the compliance department and other risk management departments shall be established by an insurance company.

(6) the major procedures for identifying and managing compliance risk.

(d) Effective and efficient systems of risk management and internal control and

19. The Office of Internal Oversight Services also noted that the Insurance Section has no affiliation or membership with professional societies monitoring developments and changes in the commercial insurance arena, such as the Risk and Insurance Management Society and the International Risk Management Institute.

The development of insurance coverage has frequently occurred in an ad hoc manner rather than as a result of a centrally defined strategic approach to risk management.

Their actions typically fall into the risk mitigation or loss severity reduction phases of the risk management process.

A wider range of risk mitigation products should be developed and scaled up, focusing on the twin concerns of regulatory and foreign exchange risk.

OIOS will work with the firm in creating such a risk profile, including the identification and assessment of strategic, operational and technological risks and the Fund's risk management framework and strategies to mitigate risks.