Are state-of-the-art risk management tool developed?
1. Interview with officers and team general managers to identify major risks by eight risk categories in NewPlan’s Corporate Risk Management program and understand how they manage the risks. 2. Go over risk management process to see if the process can prevent possible loss to the extent the Company sets the limit. 3. Review related regulations, customer complaints file or ISB memos to see if any other major risk exists that are not identified.
