{"id":1418,"date":"2026-04-23T11:45:26","date_gmt":"2026-04-23T04:45:26","guid":{"rendered":"https:\/\/toffee-stg.site\/lautan-luas\/?page_id=1418"},"modified":"2026-04-27T15:06:06","modified_gmt":"2026-04-27T08:06:06","slug":"risk-management","status":"publish","type":"page","link":"https:\/\/toffee-stg.site\/lautan-luas\/governance\/risk-management\/","title":{"rendered":"Risk Management"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1418\" class=\"elementor elementor-1418\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-285d73e e-flex e-con-boxed e-con e-parent\" data-id=\"285d73e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a663b08 elementor-widget elementor-widget-heading\" data-id=\"a663b08\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Governance<\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-83b4c80 e-flex e-con-boxed e-con e-parent\" data-id=\"83b4c80\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5cf3f6b elementor-widget__width-initial elementor-widget-tablet__width-inherit elementor-widget elementor-widget-template\" data-id=\"5cf3f6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"1435\" class=\"elementor elementor-1435\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52f18129 e-con-full e-flex e-con e-child\" data-id=\"52f18129\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2bd45556 elementor-nav-menu__align-start elementor-nav-menu--dropdown-none sidebar-menu-custom elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-nav-menu\" data-id=\"2bd45556\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;svg aria-hidden=\\&quot;true\\&quot; class=\\&quot;e-font-icon-svg e-fas-caret-down\\&quot; viewBox=\\&quot;0 0 320 512\\&quot; xmlns=\\&quot;http:\\\/\\\/www.w3.org\\\/2000\\\/svg\\&quot;&gt;&lt;path d=\\&quot;M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-background e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-2bd45556\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1433\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/corporate-governance-charter\/\" class=\"elementor-item\">Corporate Governance Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1432\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/boc-and-bod-charter\/\" class=\"elementor-item\">BoC and BoD Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1431\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/articles-of-association\/\" class=\"elementor-item\">Articles of Association<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1430\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/code-of-conduct\/\" class=\"elementor-item\">Code of Conduct<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1434\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/audit-committee\/\" class=\"elementor-item\">Audit Committee<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1429\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/risk-management\/\" class=\"elementor-item\">Risk Management<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1428\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/whistleblowing-system\/\" class=\"elementor-item\">Whistleblowing System<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1427\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/policies\/\" class=\"elementor-item\">Policies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1426\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/other-capital-market-supporting-institutions\/\" class=\"elementor-item\">Other Capital Market Supporting Institutions<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-2bd45556\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1433\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/corporate-governance-charter\/\" class=\"elementor-item\" tabindex=\"-1\">Corporate Governance Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1432\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/boc-and-bod-charter\/\" class=\"elementor-item\" tabindex=\"-1\">BoC and BoD Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1431\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/articles-of-association\/\" class=\"elementor-item\" tabindex=\"-1\">Articles of Association<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1430\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/code-of-conduct\/\" class=\"elementor-item\" tabindex=\"-1\">Code of Conduct<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1434\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/audit-committee\/\" class=\"elementor-item\" tabindex=\"-1\">Audit Committee<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1429\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/risk-management\/\" class=\"elementor-item\" tabindex=\"-1\">Risk Management<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1428\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/whistleblowing-system\/\" class=\"elementor-item\" tabindex=\"-1\">Whistleblowing System<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1427\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/policies\/\" class=\"elementor-item\" tabindex=\"-1\">Policies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1426\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/other-capital-market-supporting-institutions\/\" class=\"elementor-item\" tabindex=\"-1\">Other Capital Market Supporting Institutions<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12272c44 elementor-nav-menu__align-start elementor-nav-menu--dropdown-none sidebar-menu-custom elementor-hidden-desktop elementor-widget elementor-widget-nav-menu\" data-id=\"12272c44\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;horizontal&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;svg aria-hidden=\\&quot;true\\&quot; class=\\&quot;e-font-icon-svg e-fas-caret-down\\&quot; viewBox=\\&quot;0 0 320 512\\&quot; xmlns=\\&quot;http:\\\/\\\/www.w3.org\\\/2000\\\/svg\\&quot;&gt;&lt;path d=\\&quot;M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-horizontal e--pointer-background e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-12272c44\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1433\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/corporate-governance-charter\/\" class=\"elementor-item\">Corporate Governance Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1432\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/boc-and-bod-charter\/\" class=\"elementor-item\">BoC and BoD Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1431\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/articles-of-association\/\" class=\"elementor-item\">Articles of Association<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1430\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/code-of-conduct\/\" class=\"elementor-item\">Code of Conduct<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1434\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/audit-committee\/\" class=\"elementor-item\">Audit Committee<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1429\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/risk-management\/\" class=\"elementor-item\">Risk Management<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1428\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/whistleblowing-system\/\" class=\"elementor-item\">Whistleblowing System<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1427\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/policies\/\" class=\"elementor-item\">Policies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1426\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/other-capital-market-supporting-institutions\/\" class=\"elementor-item\">Other Capital Market Supporting Institutions<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-12272c44\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1433\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/corporate-governance-charter\/\" class=\"elementor-item\" tabindex=\"-1\">Corporate Governance Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1432\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/boc-and-bod-charter\/\" class=\"elementor-item\" tabindex=\"-1\">BoC and BoD Charter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1431\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/articles-of-association\/\" class=\"elementor-item\" tabindex=\"-1\">Articles of Association<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1430\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/code-of-conduct\/\" class=\"elementor-item\" tabindex=\"-1\">Code of Conduct<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1434\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/audit-committee\/\" class=\"elementor-item\" tabindex=\"-1\">Audit Committee<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1429\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/risk-management\/\" class=\"elementor-item\" tabindex=\"-1\">Risk Management<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1428\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/whistleblowing-system\/\" class=\"elementor-item\" tabindex=\"-1\">Whistleblowing System<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1427\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/policies\/\" class=\"elementor-item\" tabindex=\"-1\">Policies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1426\"><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/governance\/other-capital-market-supporting-institutions\/\" class=\"elementor-item\" tabindex=\"-1\">Other Capital Market Supporting Institutions<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8056554 e-con-full e-flex e-con e-child\" data-id=\"8056554\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-02a4ce4 elementor-widget elementor-widget-breadcrumbs\" data-id=\"02a4ce4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"breadcrumbs.default\">\n\t\t\t\t\t<p id=\"breadcrumbs\"><span><span><a href=\"https:\/\/toffee-stg.site\/lautan-luas\/\">Home<\/a><\/span><\/span><\/p>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc3a014 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"dc3a014\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Risk Management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-885514b elementor-widget__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"885514b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tIn running its operations, the Company encounters uncertainties that potentially become risks, both externally and internally, which may interfere the achievement of the Company\u2019s objectives.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b93e182 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"b93e182\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tHence, the Risk Management Division, together with management, all departments, branches and subsidiaries actively collaborate to assess the uncertainties that could become risks as well as potential opportunities.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b676cfc elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"b676cfc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tSince 2011, Risk Management Division has implemented a risk management framework from the Committee of Sponsoring Organizations of the Treadway Commission (COSO) \u2013 Enterprise Risk Management to facilitate assessment of the Company\u2019s operational risks involving all functions, departments, business units, branches, subsidiaries and corporations to identify inherent risks and mitigation actions for each risks that may potentially disrupt its operational activities and the achievement of Company\u2019s objectives.\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5d8f719 e-con-full e-flex e-con e-child\" data-id=\"5d8f719\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-05e6f79 elementor-widget__width-inherit elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"05e6f79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tIn 2018, the Company has also gradually implemented Enterprise Risk Management (ERM) to identify key risks at the corporate, subsidiaries and branches levels by building an ERM framework with the classifications, as follows:\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8a3d015 e-con-full e-flex e-con e-child\" data-id=\"8a3d015\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-e9b689a e-con-full e-flex e-con e-child\" data-id=\"e9b689a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bb2d6ad elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"bb2d6ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"252\" height=\"252\" src=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Financial-Risk.png\" class=\"attachment-large size-large wp-image-1494\" alt=\"\" srcset=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Financial-Risk.png 252w, https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Financial-Risk-150x150.png 150w\" sizes=\"(max-width: 252px) 100vw, 252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-066b0f1 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"066b0f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Financial Risk<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7a0ec42 e-con-full e-flex e-con e-child\" data-id=\"7a0ec42\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e7a8bd2 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"e7a8bd2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"252\" height=\"252\" src=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/External-Risk.png\" class=\"attachment-large size-large wp-image-1493\" alt=\"\" srcset=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/External-Risk.png 252w, https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/External-Risk-150x150.png 150w\" sizes=\"(max-width: 252px) 100vw, 252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f21ebf elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"6f21ebf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">External Risk<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-237c19d e-con-full e-flex e-con e-child\" data-id=\"237c19d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4ce957f elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"4ce957f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"252\" height=\"252\" src=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Human-Resources-Risk.png\" class=\"attachment-large size-large wp-image-1495\" alt=\"\" srcset=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Human-Resources-Risk.png 252w, https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Human-Resources-Risk-150x150.png 150w\" sizes=\"(max-width: 252px) 100vw, 252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b86946d elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"b86946d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Human Resources Risk<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-35ba748 e-con-full e-flex e-con e-child\" data-id=\"35ba748\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-081cd44 e-con-full e-flex e-con e-child\" data-id=\"081cd44\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9f64918 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"9f64918\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"252\" height=\"252\" src=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Technology-Risk.png\" class=\"attachment-large size-large wp-image-1498\" alt=\"\" srcset=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Technology-Risk.png 252w, https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Technology-Risk-150x150.png 150w\" sizes=\"(max-width: 252px) 100vw, 252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-665387e elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"665387e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Technology Risk<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fb963b8 e-con-full e-flex e-con e-child\" data-id=\"fb963b8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9a90800 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"9a90800\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"252\" height=\"252\" src=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Operational-Risk.png\" class=\"attachment-large size-large wp-image-1496\" alt=\"\" srcset=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Operational-Risk.png 252w, https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Operational-Risk-150x150.png 150w\" sizes=\"(max-width: 252px) 100vw, 252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f89806a elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"f89806a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Operational Risk<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e6163ec e-con-full e-flex e-con e-child\" data-id=\"e6163ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-39af5f9 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"39af5f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"252\" height=\"252\" src=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Relationship-Risk-with-External-Parties.png\" class=\"attachment-large size-large wp-image-1497\" alt=\"\" srcset=\"https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Relationship-Risk-with-External-Parties.png 252w, https:\/\/toffee-stg.site\/lautan-luas\/wp-content\/uploads\/2026\/04\/Relationship-Risk-with-External-Parties-150x150.png 150w\" sizes=\"(max-width: 252px) 100vw, 252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b17b7b4 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"b17b7b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Relationship Risk with External Parties<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca3205a elementor-widget__width-inherit elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"ca3205a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tConsidering these risks, the Company together with management in subsidiaries and branches determine mitigation actions which its implementation involves all divisions and related personnel.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa33684 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"fa33684\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Review On Risk Management System<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e641baf elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"e641baf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tInternal Audit periodically carried out risk-based audits which indirectly evaluates the implementation of the mitigation actions specified in the risk assessment.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f01585 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"4f01585\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tIn addition, Risk Management Division provides regular reports to the Audit Committee and Board of Commissioners, which is also considers as reviewing the risk management system implemented by the Company and provide necessary suggestions for improvement, align to the business and market practices.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Governance Risk Management In running its operations, the Company encounters uncertainties that potentially become risks, both externally and internally, which may interfere the achievement of the Company\u2019s objectives.Hence, the Risk Management Division, together with management, all departments, branches and subsidiaries actively collaborate to assess the uncertainties that could become risks as well as potential opportunities.Since [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16,"parent":1291,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1418","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Risk Management - Lautan Luas<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Risk Management - Lautan Luas\" \/>\n<meta property=\"og:description\" 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