Document background
The Commercial Risk Assessment is a critical business document used in the Indonesian market to identify, evaluate, and address potential risks facing an organization. It is particularly important given Indonesia's complex regulatory environment and diverse business landscape. This document should be prepared when companies need to evaluate their risk exposure, during major business changes, or as part of regular risk management procedures. It includes detailed analysis of operational, financial, regulatory, and strategic risks, incorporating specific requirements from Indonesian regulators such as OJK and relevant industry bodies. The assessment typically covers compliance with local laws, industry-specific regulations, and international standards where applicable. It serves as a fundamental tool for risk-based decision making and developing robust risk management strategies.
