![]() |
Treasury | Markets | Risk Management | AML |
|
Governance, Risk Management and Compliance |
|
A robust and efficient governance structure is an enabler of business. The mechanisms established for management authority, business processes and controls can enhance management function and business operations, if well structured. Similarly, an efficient compliance regime can utilise imposed constraints as a means to add value to strategic management and governance decisions. A key aspect of good governance is risk management.
Enterprise Risk Management frameworks are accepted as standard practice in business. Management must develop a risk management framework appropriate to the size, complexity and business mix of their enterprise. This framework needs to be consistent with the overall business plan, strategic objectives and risk appetite of the entity and be board ratified. To be effective, risk management frameworks need to become embedded within the culture of a business. The aim is not to be risk adverse, but to become risk aware when making strategic, management and operational decisions. Best practice requires an independent risk management function separate from other business lines. This ensures no conflict of interest and independent validation of business practices. Engaging a virtual risk management function, or retaining such services for periodic review, enables delivery of specialist skills with the cost-effective benefits of outsourcing. Consider Morpho Advisory as virtual CRO and the independent risk management function to your business, assisting with your risk mangement framework, whether in whole or in part, developing (or reviewing) strategies, policies, procedures and controls to cover material risks such as: |
|
|
|
| Enabling businesses to optimally manage their capital, market exposures and risk. |
|