38.10 SAR

Risk Management

Advanced has its own risk management platform wherein key business risks already identified since the past several years were being continuously monitored with very clear action and mitigation plans. The risk assessment processes carried out continuously at the strategic and operational level, whereby the relevant procedures are monitored periodically and continuously in order to deal with them and take the necessary preventive measures to minimize these risks. A dedicated Business Risk Management Committee and Team is involved in reviewing the business risks on a periodic basis to evaluate the residual risk and take any further preventive actions, as required.


The risk assessment processes carried out continuously at the strategic and operational level, whereby the relevant procedures are monitored periodically and continuously in order to deal with them and take the necessary preventive measures to minimize these risks. A dedicated Business Risk Management Committee and Team is involved in reviewing the business risks on a periodic basis to evaluate the residual risk and take any further preventive actions, as required.

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