7. Upstream and downstream risk information systems
This section deals with the various sources of information on which risk management relies to constantly assess the company's level of risk.
7.1 Multiple sources of risk information
Risk management needs to be able to draw on different sources of information in order to objectively assess the company's level of risk by entity, department or process. This approach is based on the following input data, which can be consolidated in a Risk Management Information System (RMIS). In this respect, it should be noted that a number of companies offer risk management tools which centralize the following elements: risk mapping, incident database, permanent control plan, internal audits, compliance notices, business continuity plan, etc. The aim of these tools is to provide...
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Upstream and downstream risk information systems
Application of the proportionality principle: adapted risk management
Bibliography
Standards and norms
- Risk management – Guidelines. - ISO 31000 :2018 - Février 2018
- Risk management – Risk assessment techniques – Risk management – Risk assessment techniques. - NF EN IEC 31010 - Août 2019
Regulations
European Directive 2009/138/EC – Solvency II of November 25, 2009 on the taking-up and pursuit of the business of insurance and reinsurance.
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