Document background
The Risk Assessment And Management Policy is a crucial document for organizations operating in Singapore, designed to ensure compliance with local regulatory requirements while establishing robust risk management practices. This document becomes necessary when organizations need to formalize their approach to risk identification, assessment, and mitigation across various operational areas. It incorporates requirements from Singapore's regulatory framework, including the Workplace Safety and Health Act, and aligns with international risk management standards. The policy is particularly important for organizations seeking to demonstrate due diligence in risk management and maintain compliance with Singapore's regulatory environment.
