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Market Overview
Last Update Region Index Name PD Close 12M High 12M Low 1 Year Return Graph
2019-04-18 US S&P500 2,905 2,931 2,351 7.2%
2019-04-19 Asia Nikkei225 22,201 24,271 19,156 -0.3%
2019-04-19 Asia ShanghaiSEComposite 3,271 3,271 2,464 4.3%
2019-04-18 Asia HangSengIndex 29,963 31,541 24,586 -2.8%
2019-04-18 Asia BSESENSEX 39,140 39,276 33,349 13.8%
2019-04-18 Asia StraitsTimesIndex 3,348 3,615 2,966 -5.9%

Learn how risk appetite helps in handling uncertainty, controlling risks, making effective decisions, and growing sustainably without exposing its resources.

In any business endeavor, there will always be some degree of risk that is associated with growth, competition, and success in achieving the objectives or strategy. Business firms venture into markets, develop products, integrate new technologies, and make investments without having complete certainty. Risk involves making choices on what risks to embrace, mitigate, and ignore.

Risk appetite helps the management to make appropriate decisions regarding resource allocation, asset protection, and financial stability. Moreover, having a well-defined approach will help employees know the extent of decision-making they can undertake.

An organization taking too few risks loses some opportunities. An organization taking too many risks risks losing money, facing various fines and penalties, disruption of the normal functioning, and damage to its reputation. Risk appetite provides organizations with the ability to strike a balance between opportunities and risk-taking.

Learn how enterprise risk management will help Singapore-based firms in their risk identification, good governance, compliance, and sustainable business resilience.

Learn how risk assessments support better decisions, improve workplace safety, manage business risks, and help Singapore organisations strengthen compliance and resilience.

A risk assessment is a systematic process whereby hazards are determined, their probabilities of occurrence evaluated, the magnitude of the damage estimated, and controls established. A risk assessment can be done using five simple steps:

  1. Identification of the hazards

  2. Determining who or what can be affected by the hazards

  3. Assessing the probability and magnitude of the hazard to determine the risk

  4. Establishing the controls to eliminate or minimize the risk

  5. Recording and documenting the findings

These steps apply in any risk management field such as health, financial, operational, IT, supply chain, and compliance.