As prescribed, Easyterms Ltd. will identify all risk posed by the services provided, delivery channels of clients accessing those services, the jurisdiction of incorporation and operation of the client, and any risk identified by the National Identified Risk Framework Coordinator and its regulators.
Components of Risk Management Framework
The five components that Easyterms Ltd. believes are crucial to its Risk Management Framework are:
Risk identification
Risk measurement and assessment
Risk mitigation
Risk reporting and monitoring
Risk governance