implementing the compliance function and implementing integrated risk management, as well as implementing. The implementation of other relevant integrated aspects, including compliance with sharia principles from Financial Conglomerate Financial Service Institutions that have sharia business. 2. Provide recommendations to the Board of Commissioners of the Main Entity for improvements to the Integrated Governance Guidelines if necessary; 3. Provide strategic input to the Board of Commissioners of the Main Entity to be submitted to the Board of Directors of the Main Entity regarding the implementation of Integrated Governance. 4. Submit the evaluation results of the Self-Assessment Report on the Implementation of Integrated Governance (SelfAssessment) every semester to the Directors of the Main Entity. 5. Submit the evaluation results of the Annual Report on the Implementation of Integrated Governance to the Main Entity’s Board of Directors. 6. Communicate with the Integrated Business Unit through the relevant Directors in charge of the function, to obtain the necessary information, clarification and reports. Integrated Compliance Unit In implementing Integrated Governance, the Integrated Compliance Unit has duties and responsibilities, including: 1. Monitor and evaluate the implementation of the compliance function at each Financial Service Institution in the Financial Conglomerate. 2. Provide input to the Main Entity Compliance Director in implementing the compliance function within the BRI Financial Conglomerate. 3. Submit recommendations for improving the implementation of the compliance function at the BRI Financial Conglomerate of Financial Service Institution based on the results of the evaluation report on the duties and responsibilities of the Compliance Unit in each member of the BRI Financial Conglomeration. 4. Carry out and coordinating the implementation of the Integrated Governance Self-Assessment every semester in the context of reporting to the OJK. 5. Submit the Annual Report on the Implementation of Integrated Governance to the regulator in a timely manner. 6. Periodically assess the level of maturity in implementing the compliance function at the BRI Financial Conglomerate of Financial Service Institution. 7. Conduct and coordinate the implementation of evaluations of the BRI Financial Conglomerate’s Integrated Governance Policy. 8. Convey the latest relevant provisions/regulations to members of the BRI Financial Conglomerate for information and for follow-up. 9. Prepare and submit a report on the results of the evaluation of the implementation of the duties and responsibilities of the Integrated Compliance Function to the BRI Compliance Director or the Director appointed to carry out supervisory functions over members of the BRI Financial Conglomerate. 10. Communicate and coordinate with the Compliance Unit of members of the BRI Financial Conglomeration periodically, at least 2 (two) times a year in order to carry out their duties. 11. Coordinate with the Compliance Unit of members of the BRI Financial Conglomeration in the event that there is an escalation of problems related to compliance that require the support of the Main Entity in resolving them. Integrated Risk Management Business Unit In implementing Integrated Governance, the Integrated Risk Management Business Unit has duties and responsibilities, including: 1. Provide input to the Board of Directors in preparing policies, strategies and Risk Management frameworks. 2. Provide input to RMCT in the context of preparing and improving Integrated Risk Management policies. 3. Develop procedures and tools for risk identification, measurement, monitoring and control. 4. Design and implement the tools needed to implement Risk Management. 5. Monitor the implementation of policies, strategies and risk management frameworks recommended by RMCT and which have been approved by the Main Entity’s Board of Directors. 6. Periodically review the integrated risk management process based on developments in applicable risk management practices. 7. Evaluate the proposed Risk Appetite Statement (RAS) of members of the BRI Financial Conglomerate who have an Active Management Parenting Style to be discussed in the RMCT. 8. Evaluate the risk profile report of the BRI Financial Conglomerate of Financial Service Institution for members of the BRI Financial Conglomerate who have Active Management Parenting Style periodically or at least semi-annually. 9. Monitoring the maximum limit for lending and providing funds for the BRI financial conglomerate. 10. Conduct integrated capital adequacy studies and analyzes in order to fulfill regulatory requirements and report them to RMCT. 11. Carry out integrated stress testing simulations to determine BRI Group’s resilience in facing crisis conditions. 12. Prepare and submit integrated risk profile/composition reports to the President Director or Director of Risk Management for Financial Conglomeration of Financial Service Institution BRI and RMCT periodically or at least semi-annually. 13. Report integrated risk and capital profiles to regulators in a timely manner. 14. Conduct internal and external studies to provide an overview of the impact on business and operations in order to anticipate emerging risks. 15. Carry out an assessment maturation of the implementation of the risk management function at the BRI Financial Conglomerate of Financial Service Institution on a periodic basis. 16. Evaluate the implementation of the risk management function at the Financial Conglomerate of Financial Service PT Bank Rakyat Indonesia (Persero) Tbk. Annual Report 2023 782
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