Document background
The Finance Risk Assessment document serves as a critical tool for financial institutions operating in Pakistan to evaluate and manage their risk exposure in compliance with local regulatory requirements. It is specifically designed to meet the stringent requirements of the State Bank of Pakistan and other regulatory bodies, while incorporating international best practices in risk management. The assessment covers various risk dimensions including credit, market, operational, and compliance risks, providing a thorough evaluation of an institution's risk profile. This document becomes particularly important during periodic regulatory reviews, major organizational changes, new product launches, or when significant market changes occur that could impact the institution's risk profile. It helps organizations maintain compliance with Pakistani financial regulations while ensuring robust risk management practices.
