Øensuring that the
identification, assessment and mitigation of risk is linked to the achievement
of the bank’s operational objectives;
Øensuring the process
covers all areas of risk (accounting to systems) are focused primarily on
major risks;
Øensuring that the
process seeks to produce a risk exposure profile that reflects the board of
directors’ views as to levels of acceptable risk;
Øreviewing and
considering the principal results of risk identification, evaluation and
management;
Øensuring that the risk
management is ongoing and embedded in management and operational procedures