1. Survey Result
ADFIAP-CIPE Project
Improving Risk Management & Financial Disclosure Systems
in the Context of Corporate Governance Reforms
and International Conventions
Period of Support: July 1, 2007 to June 30, 2008
2. Participating Institutions
1. Agro Bank
2. Amanah Ikhtiar Malaysia
3. Bank Kerjasama Rakyat Malaysia Bhd
4. Bank Keshavarzi (Agricultural Bank of Iran)
5. Bank for Investment & Dev’t of Vietnam (BIDV)
6. Bank Pembangunan Malaysia Berhad (BPMB)
7. Credit Guarantee Corp Malaysia Bhd (CGC)
8. Development Bank of the Philippines (DBP)
9. Export Finance & Insurance Corp. (EFIC)
10. First Credit & Investment Bank Ltd. (FCIB)
11. Fiji National Provident Fund (FNPF)
12. Johor Corporation
13. Majas Amanah Rakyat
14. National Development Bank of Palau (NDBP)
15. Perbadanan Nasional Berhad
16. Queen City Development Bank
17. SME Bank (Malaysia)
18. SME Bank Ltd. (Pakistan)
19. Tekun Nasional (Malaysia)
3. 1. Has the Board of your institution explicitly
state sustainable development as an
objective?
4. 2. Has the Board specified risk management
as an important requirement for sustainable
development?
5. 3) Has the Board issued written policies
regarding how it will deal with risks facing
the institution?
6. 4) Has the Board mandated your institution’s
senior management to comply with the Board’s
policies on risk management?
7. 5) Has the Board and management included in
its latest financial report to the government and
the public the risks faced by the institution and
how it is dealing with them?
8. 6) Based on its latest report, is compliance
with Basel II specified by the Board as an
important risk factor faced by your
institution?
9. 7) Has the Board organized a Risk
Management Committee (RMC)?
10. 8) Is there a written Charter for the RMC that
was formulated by the Board in consultation
with management?
11. 9) Is the institution under regulatory
supervision?
12. 10) Of this total members, how many have
background and skills in Accounting,
Banking, and Economics
13. 11) How frequently does the RMC meet?
(encircle) Monthly/Quarterly/Annually Other
(Please specify)
14. 12) Has your institution adopted the
International Accounting Standards as the
basis for financial reporting to the owners of
your institution and to the public?
15. 13) Is your institution audited by external
auditors?
16. 14) Do the external auditors report to
the shareholders of your institution?
