Risk appetite Clause Samples

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Risk appetite. The main focus of private sector risk management is on maintaining and enhancing profitability. In contrast, the public sector focuses on the fulfilment of objectives and delivery of a beneficial outcome in the public interest. Mintek, as a Schedule 3 Public Entity, is positioned between the private and public sectors. Mintek must adopt well-managed risk taking where it is likely to lead to improvements in service delivery. It is recognised that risk taking is essential if Mintek is to innovate and improve. Mintek’s risk appetite is reflected in our strategic objectives. Our overall portfolio of risks must be balanced to ensure, as far as possible, that the mix of risks remains tolerable.
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Risk appetite. Risk appetite is the level of risk that may be contained in the Project to maximize value. The risk appetite is determined by the policy setters in the Project and defines the limits of exposure to risk that they are willing to undertake. The risk appetite reflects the operation and execution strategy of the Project, its goals, the business plans and the expectations of interested parties, the willingness and ability to take risks and it may change with time. Finances / investments / budget * Maintaining a cash flow that allows ongoing operations * Maintaining compliance with budget goals / budget supervision on large projects * Maintaining a minimal investments budget Regulation * Rate of internal regulation violations (internal procedures) * Zero tolerance for violations in the field of local and international compliance Security * Number of security events - harm to employees / clients, no more than X incidents per year * Zero tolerance to security faults that affect air traffic * Zero tolerance to loss of life or severe injury Environment * Minimum environmental pollution Goodwill * Reduction of the number of negative publications in the national and international media * Zero tolerance to cases of refusal of an international airline to arrive in the airport as a result of goodwill Here are examples of declarations on risk appetite and the way to turn them into quantitative indicators:
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Risk appetite. According to the customer's risk preference, we will design investment solutions for different income requirements of customers, and provide diversified income strategies for different capital types of customers.
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Risk appetite. <A risk appetite should be agreed with the SIRO/SRO and included here.>
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Risk appetite. Holcim’s risk appetite and evaluation of a customer’s credit worthiness will determine the trading terms & limit under which a customer shall trade within Holcim. The key objective is to convert all sales orders into cash within standard trading terms that require payment to be received by Holcim in full (without any set-off) within the approved credit terms. A Credit facility is offered to facilitate sales, to meet market and customer expectations and provide a competitive advantage to the organization. Risk shall be assessed & controlled by Risk Assessment Matrix & Guidelines for ALL New & Existing Customers: ● An approved Holcim credit limit. ● Market specific terms of trade (days of credit) ● The Holcim Delegation of Authority ● Credit Process ● Holcim Standard Terms & Conditions(and any amendments thereto) as approved Legal Risk shall be mitigated by: ● Professional Credit Management processes through the application of sound commercial customer management processes operating in a Continuous Improvement environment. ● Security via Charging/Caveating of Real Property; PPSR Registrations via PMSI’s (Purchase Monetary Security Interest & ALLPAP’s (All Past & Present Property – No exception) ● Targeted market offer & Business Strategy ● A defined risk escalation process within the business ● Specific Insurance endorsement may be sought across the entire customer’s portfolio or specific business segments if deemed commercially feasible.
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Related to Risk appetite

  • Risk Analysis The Custodian will provide the Fund with a Risk Analysis with respect to Securities Depositories operating in the countries listed in Appendix B. If the Custodian is unable to provide a Risk Analysis with respect to a particular Securities Depository, it will notify the Fund. If a new Securities Depository commences operation in one of the Appendix B countries, the Custodian will provide the Fund with a Risk Analysis in a reasonably practicable time after such Securities Depository becomes operational. If a new country is added to Appendix B, the Custodian will provide the Fund with a Risk Analysis with respect to each Securities Depository in that country within a reasonably practicable time after the addition of the country to Appendix B.

  • Risk Warning 12.1 We are required by law to inform you that trading is risky. There are various factors, such as the international prices volatility, which is very difficult to predict. Due to such volatility, in addition to the spread that we add to all calculations and quotes, no financial contract purchased or other service offered on our Website (whether or not the payout exceeds the premium amount) may be considered as a safe trade. 12.2 Do not enter into transactions or invest funds that are above your financial abilities. Also, certain financial products are not suitable for people without the relevant knowledge and / or experience. This is why we provide you with different options in terms of products and services, depending on your abilities and knowledge. If you would still wish to open an account, we will ask you to acknowledge that you are aware of the financial risks.

  • Disturbance Analysis Data Exchange The Parties will cooperate with one another and the NYISO in the analysis of disturbances to either the Large Generating Facility or the New York State Transmission System by gathering and providing access to any information relating to any disturbance, including information from disturbance recording equipment, protective relay targets, breaker operations and sequence of events records, and any disturbance information required by Good Utility Practice.

  • Scoring The number of routes each company operates (Route # 0001-2999, 8000-8199) will be multiplied by 2 to determine the daily number of trips. (Only accidents, breakdowns and service reports related to routes falling in this range will be used for the evaluation). The daily number of trips will be multiplied by 175 to arrive at the annual number of trips. The number of accidents, breakdowns and service complaints will be divided by the total number of trips to calculate a percent figure. Each company’s percentage will be compared to the total average. See below for a sample. BUS COMPANY NUMBER OF TOTAL BKDN PERCENT ACCIDENTS PERCENT2 SERVICE PERCENT3 ROUTES TRIPS BKDN ACCIDENTS REPORTS COMPLAINTS TO TRIPS TO TRIPS TO TRIPS A 360 58680 3 0.01% 27 0.05% 46 0.08% B 48 7824 3 0.04% 4 0.05% 39 0.50% C 123 20049 11 0.05% 9 0.04% 27 0.13% D 91 14833 0.00% 10 0.07% 11 0.07% E 124 20212 20 0.10% 19 0.09% 18 0.09% TOTALS 746 121598 37 0.03% 69 0.06% 141 0.12% To score, if a company’s percentage is less than or equal to the total percentage for that category, the company will be awarded 6 points per category. Percentages greater than the total percentage for each distinct category (Accident, Breakdown, Service Complaints) will be scored according to the following scale: Less than-Equal to Ave. 6 points 0-3% above average 5 points 4-7% above average 4 points 5-8% above average 3 points 9-12% above average 2 points 13-16% 1 points Greater than 17% 0 points Any circumstance whereby a Breakdown or Accident is found by PTS to be ‘Non Reported’ by vendor within the required timeframe (see G-36) will count as (20) ‘Reported’ instances for the purpose of this Contractor Evaluation Scoring.

  • Program Monitoring and Evaluation The Recipient shall prepare, or cause to be prepared, and furnish to the Association not later than six months after the Closing Date, a report of such scope and in such detail as the Association shall reasonably request, on the execution of the Program, the performance by the Recipient and the Association of their respective obligations under the Legal Agreements and the accomplishment of the purposes of the Financing.”