Versions

 

PIN 2.3.3

An Insurer must develop, implement and maintain a risk management system to identify and address the non-financial or operational risk of that Insurer, including but not limited to:

(a) technology risk (including processing risks);
(b) reputational risk;
(c) fraud and other fiduciary risks;
(d) compliance risk;
(e) outsourcing risk;
(f) business continuity planning risk;
(g) legal risk; and
(h) key person risk.

Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]