Improved information and communications technology 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.

(v) Risk management.

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

(10) risk management.

Internal control and risk management

C. Risk management strategy

Managing Risk to Save the Poor

Risk management options

II. Risk management

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

UNHCR risk management framework

3. Trade finance and risk management

Risk management entails moving away from a technology centred treatment of information security towards adopting a more holistic approach.

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.

developing international and multilateral approaches to manage the risks of fuel production for civilian nuclear power and

Internal audit and corporate risk management

UNICEF agrees to monitor information and communication technology benefits, costs and risks in accordance with information technology standards and existing governance processes.

Users of financial information and participants in the marketplace need information on foreseeable material risks, including risks specific to industries or geographical areas, dependence on certain commodities, financial market risk and derivative risks.

The use of Nigeria Sat 1 for natural risks was presented.

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

Considerable credit risks hamper trade finance and financial risk management in countries with high sovereign risks, an issue closely related to a country s economic development and economic policies.

(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.

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

In recent years, much attention has been paid to the role of the board in risk assessment or management and internal controls designed to mitigate risk.

All departments and branch offices shall voluntarily carry out self inspections on compliance as a routine task, report compliance risk information or potential risks to the compliance department or the compliance posts, and support and cooperate with the compliance department or the compliance posts in risk monitoring and evaluation.

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

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

The results of the assessment initiatives (see para. 280 above) will be used as the basis for determining UNDP priorities for managing information security risks and for implementing contingency measures to protect against those risks.

A Secretariat wide information and communications technology security risk management initiative has been fully implemented by the Department of Management at all major duty stations worldwide.

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

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.

The system application will allow the Service to create multiple investment scenarios, weighing risks and multiple derivations.

Current uses of space based services to support risk reduction and disaster management activities

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.

Less material discrepancies were noted at other missions

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

Given the role internal audit should play in evaluating and improving risk management and control systems the UNHCR Audit Service embarked, in late 2004, on a risk management pilot project.

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.