Risk management is an important function of management today.
Risk management is the identification, assessment, and prioritisation of risks followed by a coordinated and economical application of resources to minimise, monitor and control the probability and/or impact of unfortunate events or to maximise the realisation of opportunities.
Whilst it is good practice to implement a risk management programme whatever the size of your business, for some companies it will be a regulatory requirement, and some of the areas it must cover will be prescribed.
We can help you put into place a risk management programme that will meet your regulatory requirements and may save you money.