(v) Risk management.

(10) risk management.

Article 10 An enterprise shall set up a financial risk control system, specify the management rights and liabilities of the operators, investors and other related personnel, and control the financial risks according to the principles of equilibrating risks and proceeds and separating the incompatible duties.

Article 27 A securities firm should establish and complete risk management and internal control system to prevent and control the risk in the principle of prudent operation.

Internal control and risk management

C. Risk management strategy

Managing Risk to Save the Poor

Risk management options

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.

For foot and mouth disease and classical swine fever, the principle of quot minimum risk quot has not been found adequate and the principle of quot zero risk quot has been adopted.

UNHCR risk management framework

Science based standards, harmonized risk assessment and management principles and methodologies and the results of hazard and risk assessments are not available to all actors and the pace of scientific research is too slow There is a lack of accessible, timely and appropriate information on all aspects of the life cycle of chemicals in local languages.

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.

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.

Article 22 An enterprise shall determine a reasonable assets structure and conduct a dynamic management on the assets structure according to the principles of equilibrating risks and proceeds and the operational requirements.

(a) Enterprise risk management and internal control framework

(b) Reviewing risk management and the internal control system

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

Improved information and communications technology risk management

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

The more broadly diversified our financial portfolios, the more people there are who share in the inevitable risks and the less an individual is affected by any given risk. The theoretical ideal occurs when financial contracts spread the risks all over the world, so that billions of willing investors each own a tiny share, and no one is over exposed.

Since the tsunami, India and the international community have resolved to intensify and extend disaster risk management programmes along the following lines incorporation of disaster risk management in all recovery and reconstruction efforts conduct of comprehensive multi hazard risk assessments establishment of clear risk reduction guidelines sector by sector and the strengthening of emergency response capacities at all levels.

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

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

Significantly, a draft risk management tool had been drafted that proposed a series of questions for business, drawing on international standards, including the Voluntary Principles.

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

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.

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.

Other key initiatives included strengthening the roles of the MROC (paragraphs 212 and 229) the planned training of managers in corporate risk management building risk management principles into the programme management system audit planning and outcome reporting the implementation of an audit report tracking system to better monitor compliance with audit recommendations and reasons for delay, if any (paragraph 246) and the progressive rollout of audit exception reports (paragraph 193).

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

Japan could have insulated itself from a good deal of the effects of GDP fluctuations if it had managed this risk accordingly. Though no country has ever practiced risk management on such a massive scale, it is important to consider such an innovation now.

(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.

Development and implementation of an Organization wide policy on risk management, including specifications and guidelines for all United Nations property policies worldwide

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.