RISK MANAGEMENT

Overall responsibility for risk management rests with the Board which has delegated responsibility for assurance concerning the process to the Management Committee and the Investment Committee. The Management Committee is responsible for designing, implementing, maintaining and evaluating the necessary systems of internal control.

 

Pamfleet operates principally from the Hong Kong and Singapore offices with relatively close management reporting lines. Therefore, members of the Management and Investment Committee are closely involved in day-to-day matters and able to identify areas of increasing risk quickly and respond accordingly.