The organization must have a specific and clear strategy for managing financial risks, and this strategy must be consistent with business goals and corporate sustainability.
The institution must be able to assess and monitor financial risks periodically and effectively using advanced analytical tools and specific performance indicators.
There must be precise and integrated risk management policies and procedures that cover all aspects of the financial business and define the responsibilities of teams and individuals.
Continuous training and development must be provided to employees in the field of financial risk management to ensure their understanding and ability to deal with financial challenges.
The institution must be committed to complying with financial laws and regulations and be able to interact effectively with the relevant authorities and participate in the required reports and periodic reviews.