Responsibilities / Duties
- The Bank has established the management policy and three lines of defense for internal control of Chang Hwa Bank to construct a three lines of defense framework for internal control of the Bank, which clearly defines the scope of powers and responsibilities of the three lines of defense, so that all units understand their role and function in the overall risk and control framework of the Bank in order to strengthen communication and coordination of risk management and internal control work.
Management policy evaluation
- The Bank has established a Risk Management Committee to oversee and integrate the review, supervision and coordination of the Bank’s various risk management matters; implement the risk management policies and procedures, risk appetite statements and risk management mechanisms approved by the Board of Directors; review the risk management procedures and monitor their appropriateness; and ensure effective communication and coordination of relevant risk management functions. And report to the board of directors quarterly.
Response Measures for COVID-19