STRUCTURE AND MECHANISM OF CORPORATE GOVERNANCE

In the event of a significant change, it is possible to reassess the risk profile. Monitoring is carried out regularly and becomes part of the company’s business processes.

2. Periodic monitoring
   Risk monitoring is carried out to monitor the implementation of the realization of risk management, analysis of the status of main risk indicators as well as trends in changes in the level of risk exposure. After monitoring by the risk owner, a discussion of the risk profile is carried out with the risk management function and risk owner, which consists of at least risk agents and risk officers.
3. Review
   The risk management review aims to see the suitability of the implementation and the output of the entire risk management process with applicable regulations. The risk management = review is carried out by the risk management function and/or risk manager/risk owner according to their respective authorities.

Recording and Reporting

Risk management processes and outputs should be documented and reported through appropriate mechanisms. Recording and reporting aims to:

1. Communicating risk management activities and the outputs of risk management process;
2. Provide information for decision making;
3. Increase the effectiveness of risk management; and
4. Assist in interaction with Board of Directors, Board of Commissioners and Risk Management Monitoring Committee, including those who have responsibility and accountability for risk management activities.