Purpose of Risk Committee in Corporate Governance

Purpose of Risk Committee in Corporate Governance

The purpose of the risk committee is to overlook the risk management policies of the company’s global operations and integrate the risk management controls with corporate goals.

Risk Committee also looks into the establishment of risk management governance, risk management procedures, processes of implementing and monitoring compliance with identifying and reporting risks, and ensuring effective and timely implementation of actions to mitigate risks.

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• Approaches/Forms to ensure Corporate Governance
  • Rules Based Approach
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