The policy consensus has properly focused first on the new risks that were added. But focusing on those added risks should be only the first step doing so should not lead us to ignore the baseline risks that the tax system creates.

Fundline includes portfolio investment funds, private equity funds and companies, venture capital funds, mutual funds and other equity vehicles.

Underlying Risk Factors

The fund's objectives, typically, are those of (a) maximizing risk adjusted returns, (b) security of capital and (c) liquidity, and their respective attitudes to risk.

The Government as Venture Capitalist

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

Venture capital funds could be one mechanism to attract private funds for project financing.

The chief will be responsible for risk control of the Fund's investments as a whole in terms of portfolio risk, operational risk and compliance risk, and will plan and perform the oversight of performance measurement, investment risk analysis and operational risk analysis, including risk arising from sub adviser and service provider relationships.

This volume of assets allows the Fund to expand its investment frontier and requires it to build up a risk control mechanism, to control comprehensively not only investment risk but also operational risk and technology 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.

(1) Training Workshop on Community Based Disaster Risk Management

Since all risks of financial loss are therefore assumed by the Organization and the participants, OIOS maintains its observation that the health insurance programme is essentially run on a self insured basis.

There are a number of development oriented venture capital funds, and there has also been a trend among international and national development finance institutions to set up venture capital funds in developing countries.

The Framework calls for targeted increases in official development assistance and national budgets towards reducing underlying risk factors.

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.

The utilisation of the subterranean depth of the owned land or the land at person's disposal for private purposes is free of charge.

The Chief of the Risk and Compliance Section will develop a comprehensive risk monitoring mechanism for the investments of the Fund, apply and oversee the process, develop a methodology for a risk and performance analysis appropriate for the investments of the Fund and oversee the reporting.

When investors make less risky loans, they require a lower risk premium , thereby reducing the cost of borrowing to the borrower.

A number of risk factors were identified, including failure, the loss of capital or closure and the risk of being taken over by foreign firms.

A relationship is proposed in which the intensity of the risks and the response capacity are considered as the essential components of vulnerability.

This would reduce transaction costs and trading risks.

2. Notes that the Board endorsed the Fund's enterprise wide risk management policy

The existence of a sound corporate base with strong economic fundamentals (before expansion abroad is attempted) and adoption of an appropriate sound business model and strategy could help to reduce risks.

At the same time, however, commercial banks insist on minimizing their exposure to completion, commercial, political or other project risks.

Every person who has one of those filter papers has at least, at a minimum, been through our basic health education about the risks associated with these activities, which presumably, from our perspective, gives them the ability to decrease their own risk, and then obviously the risk to their families, the village, the country, and the world.

In order to reduce disaster risks, countries and communities must first identify risk factors, decide what level of risk is acceptable, and then take steps to reduce risks or transfer them away from affected areas.

(c) Ensuring that children and adolescents have a diet that provides a reasonable basis for growth and development and reduces the risk of contracting disease

Management of the Fund also requested an overall risk assessment of the Fund's operations.

Risk?

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When the standards are based on a properly conducted security risk assessment according to the new security risk management methodology, they have proven to be an effective tool to mitigate risk and thus to enable programme delivery.

A fundamental principle of financial theory diversification or risk spreading implies that interest in the new contracts will be high. People and businesses in New York, for example, are overexposed to their local real estate risks, so they should reduce this risk by selling New York home price futures.

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.

The Perils of Prophecy

The Commission on Narcotic Drugs,

Clearly, the insured risks were a small part of the total risk. Moreover, much of that risk, even if insured, continues to be borne in Japan, rather than being spread effectively to foreign investors, so Japan is still alone in bearing the costs.

Peacebuilding was inherently a risky endeavour and thus should not require a declaration of exceptional risk.

Successful strategies involved targeting areas and youth at risk following good practice and evidence based models and focusing on implementation and process.

Once registered for the scheme they qualify for a basic insurance package, consisting of primary medical care, specialist medical care, hospitalisation and prescription drugs.

6. Risk management includes, but is not limited to, analysing and mitigating an organization s exposure to loss, developing appropriate risk finance techniques and arranging and overseeing insurance protection.

Urges UNDP and UNFPA to base their oversight and accountability activities on a corporate risk model and develop risk assessment functions in their audit offices

We did not wish to risk a serious financial crisis for the Organization, which would have resulted from the failure to adopt a budget.

Which risks were greater, those arising from reforming the Council or those leaving the status quo intact?

Risks

As part of its risk based approach to planning its audit coverage of the Pension Fund, OIOS has contracted a major international accounting firm to conduct an enterprise wide risk assessment to identify and categorize risks in order to focus internal audit activities for 2006 and 2007.