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Article (6) – Risk Management System

IA-BOD-RES 26/2014 Effective from 28/12/2014
  1. The Company shall have in place a documented risk management framework and strategy, risk management policies and procedures, and allocated responsibilities and controls.
     
  2. The Company shall establish a stress testing framework and policy.
     
  3. Further guidance on the risk management system and framework in Addendum (2) of the regulations herein shall be applied.