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Role of the Board of Directors

It is commonly accepted that the Board is held accountable for well established and effective risk management systems. This includes all internal controls, business operations, geographical factors and external environment. Risk management is business management. If you agree that each task or operation involves risks which must be identified and managed, then depending on the levels of management, please provide us with your views in the following questions.

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* 1. The direction for various levels of risk management should be set by the Board?

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* 2. Do you find that ISO 31000 Risk Management Guidelines are useful in  corporate risk management planning?

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* 3. Which is the most prevalent strategy for high risk items in your company?

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* 4. Is there an Enterprise Risk Management Framework in your company?

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* 5. What is the relationship between ERM and Internal Controls Management?

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* 6. Demographic Information (For Analysis only)

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