Business/Strategic Risk Our Risk Appetite In alignment with its strategic objectives, and upon evaluation of threats and opportunities, the Group defined a risk appetite statement that outlines the level of risk it can afford to take, needs to take, and prefers to take in achieving its objectives. This statement guides our approach to balancing risk and reward, particularly in areas such as financial, operational, and reputational risks. While we aim to minimise exposure to these risks, we are willing to accept certain levels of risk in exchange for the potential rewards that support the achievement of our strategic objectives. Throughout the year, the risk appetite, along with the risk tolerance and limits, were reviewed to ensure they reflect the prevailing economic environment. These parameters are independently monitored by the Risk Management team, which then reports them to the Risk Management forums and to the Risk Management Committee. Cim Finance’s risk appetite is founded on the following pillars. Risk Policies and Procedures At the core of our Enterprise Risk Management framework are key policies, standards, guidelines, and processes. These policies provide guidance and set the minimum control requirements for the business. They are reviewed annually or as needed to address changes in the business environment, new products, best practices, and regulatory requirements. All relevant documents are available to staff via an online policy portal. Liquidity and Funding Risk ESG Risk Operational Risk Reputational Risk IT and Cybersecurity Risk Legal and Compliance Risk Portfolio and Credit Risk Capital Adequacy Market Risk 81 Introduction Group Overview Leadership Strategy & Performance Risk Management Corporate Governance Statutory Disclosures Financial
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