Document background
The Business Risk Assessment document serves as a critical management and compliance tool within the Indian regulatory environment. It is typically required for corporate governance compliance, particularly for companies falling under the Companies Act 2013 and SEBI regulations. The document becomes essential during significant business changes, annual planning cycles, or when required by regulatory authorities. It includes comprehensive analysis of various risk categories, their potential impact on business operations, and proposed mitigation strategies. The assessment is particularly important in the Indian context due to the complex regulatory landscape and diverse business environment. It helps organizations identify, evaluate, and manage risks while ensuring compliance with local regulations and international best practices.
