risk management system definition
risk management system means a system or plan to do all of the following:
risk management system means a system ensuring timely and appropriate risk identification, risk measurement, risk monitoring, risk mitigation, and adequate reporting of all significant risks; a bank’s risk management system includes its risk management strategy and organisation, information flows, risk management information system, transaction origination system, internal capital adequacy assessment system, and its system for introducing new types of transactions;
risk management system means a set of pharmacovigilance activities and interventions designed to identify, characterise, prevent or minimise risks relating to a medicinal product, including the assessment of the effectiveness of those activities and interventions;
More Definitions of risk management system
risk management system is a set of pharmacovigilance activities and interventions designed to identify, characterise, prevent or minimise risks relating to medicinal products including the assessment of the effectiveness of those activities and interventions [DIR Art 1(28b)].
risk management system means the overall organisational structure, rules, processes, procedures, systems and resources to identify, measure or assess, contain, monitor and report on risk exposure and overall risk management, and it implies the establishment of an adequate corporate governance and risk culture, and the adoption of the strategy, policy and other internal bylaws on risk management;
risk management system means a risk management system comprise a set of pharmacovigilance activities and interventions designed to identify, characterize, prevent or minimize risks relating to medicinal products, including the assessment of the effectiveness of those interventions;
risk management system means the system for ensuring timely and appropriate identification of risk, risk measurement, risk monitoring, risk mitigation, and appropriate reporting of all significant risks; the risk management system shall include the risk management strategy and organization, information flows and the risk management information system, the transaction origination system, the system for introducing new types of transaction, and the system for assessing the adequacy of internal capital;
risk management system means the systematic application of Trade Controls and management procedures on goods, means of transport and passengers including at pre-arrival, clearance or post clearance stage for identifying, analysing, evaluating, monitoring, reviewing and treating the risks associated with them and includes priority accorded to compliant persons, entities or organisations using the Pakistan Single Window System;
risk management system means a set of pharmacovigilance activities and interventions designed to identify, characterise, prevent or minimise public
risk management system means a part of the insurer’s overall corporate governance framework that includes, at least a risk management strategy that defines the insurer’s risk appetite, a risk management policy outlining how all material risks are managed within the risk appetite and the ability to respond to changes in the insurer’s risk profile in a timely manner;