Document background
The Risk Management Form serves as a critical tool for organizations operating in Hong Kong to document and manage their risk assessment processes. This document is essential for maintaining compliance with Hong Kong's regulatory requirements and implementing effective risk management practices. It should be used when conducting regular risk assessments, reviewing existing risk controls, or implementing new risk management procedures. The form encompasses comprehensive risk identification, assessment methodology, control measures, and monitoring procedures, aligned with Hong Kong's regulatory framework including requirements from various ordinances and regulatory bodies. It is particularly valuable for organizations seeking to demonstrate proper risk governance and compliance with local regulatory expectations.
