Description
BOARD RISK COMMITTEE GUIDE
Different companies have different committees for risk management- Management Risk Committee, Board Risk Committee, Audit and Risk
Committee, specialised Board-level risk committees such as Health and Safety
Committee, and so on. How should a company best structure its governance of risk?
How can a company express its risk tolerance or appetite and communicate that internally and externally?
What are the lines of defence that a Board can rely on to ensure that the company's risk management and internal controls are adequate and effective?
The answers to these questions, and more, are found in the Board Risk Committee Guide.
This definitive guide to risk management and internal controls for Boards and the Board Risk Committee (BRC) provides a comprehensive coverage of the regulatory and practical aspects of risk management. It is aimed especially at listed companies in Singapore. Its contents include:
Risk governance structures and a BRC's role and responsibilities
The BRC calendar and agenda
The characteristics, types and categories of risk in a company's risk universe
The elements of an Enterprise Risk Management framework for ensuring the adequacy and effectiveness of risk management and internal controls
The assurance framework needed to identify deficiencies and to prepare disclosures in risk management and internal controls
Disclosures related to risk management
