Roles & Responsibilities
The Risk Management Committee shall deliberate and resolve on the following matters in order to establish policies for risk management and to efficiently supervise relevant activities.
- Appointment and dismissal of the member of the risk management committee
- Approval for enactment, amendment, and abolition of the enforcing rules
- Approval of risk management-related policies and reporting to the BOD
- Reviewing risk management issues and conducting a review of the adequacy and validity of risk management policies caused by changes in the environment in accordance with changes of the company’s overall policies and strategies
- Setting the minimum maintenance and annual target operating net capital ratio, and setting the company risk limit
- Overall supervision and approval for the establishment of internal risk management system
- Establishment of emergency procedures for critical situations
- Other matters deemed necessary by the Committee