Management objectives

The group took the view that the board should give appropriate disclosures and assurance regarding its risk management objectives, systems and activities.

Challenges and management objectives

(10) risk management.

(v) Risk management.

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

C. Risk management strategy

UNHCR risk management framework

Internal control and risk management

Internet security and risk management

Internal audit and corporate risk management

(a) Enterprise risk management and internal control framework

(b) Reviewing risk management and the internal control system

(1) Training Workshop on Community Based Disaster Risk Management

A cooperative management programme brings the interested parties together to collaborate in establishing agreed management objectives and practices.

Their actions typically fall into the risk mitigation or loss severity reduction phases of the risk management process.

In paragraph 216 of the report, UNDP agreed with the Board's recommendation that it (a) evaluate establishing a risk management function responsible for implementing a risk management strategy at UNDP and (b) conduct a comprehensive risk assessment exercise.

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.

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.

In October 2004 the Basel Committee issued Consolidated KYC Risk Management.

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

Has the Libyan Arab Jamahiriya's Customs Service implemented intelligence based risk management on its borders to identify high risk goods?

(n) Review the risk management procedures together with OIOS and the United Nations Board of Auditors and executive management

(d) Effective and efficient systems of risk management and internal control and

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

Working in conjunction with risk management software, the sensor system was reducing the risk of potential environmental contamination from hydrocarbon spillage.

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

In paragraph 294, the Board recommended that UNICEF implement a comprehensive risk management framework to enhance its governance and management control processes.

UNOPS will refer this matter to its recently created Risk Management and Oversight Committee.

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

While integrated water resource management provides an integrated framework for addressing water issues, countries will want to tailor integrated water resources management plans to their own particular water management needs and objectives.

Compliance management is a key part of comprehensive risk management in insurance companies, and also a basic work for conducting effective internal controls.

The Secretariat noted that, with the recent introduction of results based management, divisions would have objectives work plans that could be cascaded down to staff members as individual objectives.

Reducing risk by strengthening disaster management must be a principal aim of the international community.

Ethics management is important to the promotion of good business practices, transparency and risk reduction.

Discussion Paper on Risk Management and Internal Control in the EU. European Federation of Accountants.

(1) Strengthening the Regional Capacity for Disasters Reduction through the Integration of Risk Management Approach

The project will assist the Investment Management Service in mitigating exposure to various risk factors.

This group includes recommendations relating to internal audit management (11), non governmental organization national execution (NGO NEX) audits (five), and corporate risk management (four).

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.

(vi) Taking informed, transparent and effective decisions in all areas, including performance, risk and financial management

Increased knowledge of cross cultural matters and international management issues can mitigate the risk of failure.

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.

There is broad awareness that including women in programmes is necessary for the achievement of natural resource management objectives.

In its risk assessment, the Joint Inspection Unit found that the most significant risk to the successful implementation of results based management was the current complexity of systems and burden on management to collect data and on intergovernmental bodies to analyse such data.