Examples of using Risk management function in English and their translations into Slovak
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Colloquial
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Official
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Medicine
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Financial
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Ecclesiastic
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Official/political
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Computer
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Programming
How can the communication system between the risk management function and the board of directors be improved?
The risk management function shall ensure that all risks are identified, measured and properly reported.
Specific questions 15: How can the communication system between the risk management function and the board of directors be improved?
The risk management function is functionally and hierarchically separated from the portfolio management function. .
Should supervisory authorities be given the power andduty to check the correct functioning of the board of directors and the risk management function?
The risk management function is subject to an appropriate independent review to ensure that decisions are being arrived at independently;
Specific question 23: Should supervisory authorities be given the power andduty to check the correct functioning of the board of directors and the risk management function?
The head of the risk management function must be anindependent senior manager with distinct responsibility for the risk management function.
The regulations require that an AIFM must functionally and hierarchically separate the risk management function from its operating units, including portfolio management. .
How the risk management function should be functionally and hierarchically separated from the operating units, including the portfolio management function; .
(14) Where the undertaking uses a partial or full internal model approved in accordance with Regulations 125 and126 the risk management function shall cover the following additional tasks.
A firm must ensure that the head of the risk management function is anindependent senior manager with distinct responsibility for the risk management function.
For insurance and reinsurance undertakings using a partial or full internal model approved in accordance with Articles 110 and111 the risk management function shall cover the following additional tasks.
Member States shall ensure that the risk management function ensures that all material risks are identified, measured and properly reported.
In order to follow current EU practice on risk analysis,it was decided to separate the risk assessment function(advisory committee) from the risk management function(competent authority).
However, the risk management function shall be allocated to a different person or organisational unit from the one carrying out the internal audit function. .
The roles and responsibilities of the risk committeeare also clearly defined in the Regulation: its risk management function should report directly to the board and not be influenced by other business lines.
It also seems desirable to improve the risk management function's communication system, in particular by introducing a procedure for referring any conflicts and problems encountered to the hierarchy for resolution.
(d) ensures and verifies on a periodic basis that the general investment policy, the investment strategies and the risk limits of each managed UCITS are properly and effectively implemented andcomplied with, even if the risk management function is performed by third parties.
Financial institutions have not always granted their risk management function sufficient powers and authority to be able to curb the activities of risk-takers and traders;
This combination of a risk capital operation with technical assistance was successful as it helped the Egyptian financial intermediary develop organisational adjustment, enhance its procedures and policies,develop a risk management function, upgrade its treasury and asset liability management. .
Too often, the expertise considered necessary for the risk management function was limited to those categories of risk considered priorities and did not cover the entire range of risks to be monitored;
IORPs may allow a single person or organisational unit to carry out more than one key function, but shall at all times allocate the risk management function to a different person or organisational unit than the internal audit function. .
CIFs must ensure that the risk management function is actively involved in elaborating the CIF's risk strategy and in all material risk management decisions and that it can deliver a complete view of the whole range of risks of the institution.