Examples of Board Risk Committee in a sentence
Any proposed modifications would be reviewed by the Management Risk Committee and the Board Risk Committee.
This is approved by the Board Risk Committee as part of the Group Risk Strategy, which complements the budgets and strategic plans proposed by the business.
In addition, regular reports are submitted to the Asset and Liability Management Committee (ALCO), Board Risk Committee and the heads of each business unit.The bank separates exposures to market risk into trading or non-trading portfolios.Trading portfolios include positions arising from market-making, position taking and others designated as marked-to-market.
AD Category I banks desirous of running a foreign currency-INR options book and fulfilling minimum eligibility criteria listed below, may apply to the Reserve Bank with copies of approval from the competent authority (Board/ Risk Committee/ ALCO), detailed memorandum in this regard, specific approval of the Board for the type of option writing and permissible limits.
Board Risk Committee will be provided regular update on key portfolio parameters.Concentration risk is monitored against the limits (both internal and regulatory).
The Board sets up a Board Risk Committee to specifically address this, if appropriate.
The latter submits the updated policy with its recommendations to the Board Risk Committee for approval.
The risk management and compliance functions are reporting to and assessed by the Board Risk Committee.
The total remuneration for these positions are determined and approved by the Board Risk Committee and Board Audit committee as a fully independent parties.Boubyan Bank considers its Group risk profile when determining its annual remuneration pool; the risk profile includes the key risks to which the Group is exposed such as strategic, credit, market, liquidity, and operational.The overall variable remuneration pool is determined by taking into account of relevant risk metrics.
The Board Risk Committee sets liquidity limits to ensure that sufficient funds are available to meet such contingencies.Past experience shows that liquidity requirements to support calls under guarantees and standby letters of credit are considerably less than the amount of the commitment.