Risk Control Clause Samples

Risk Control. Specific work procedures and work arrangements shall be established to lessen or eliminate risks identified by the assessment. Where elimination of the risks is not possible, the Employer will make every effort to ensure control of the risks will be undertaken.

Risk Control. ~ Seller agrees to provide and maintain an up-to-date Risk Register to Seller for Item(s) purchased under this LTA. The Risk Register shall identify and control those factors which have the potential to interrupt the flow of the Item(s) (such as material availability, obsolescence, long lead items, etc.).

Risk Control. 7.1 Party B shall, in accordance with relevant rules and requirements of regulatory authorities, form risk management department and establish sound investment management system and risk control system, inspect and supervise the investment business of Entrusted Assets. It shall inform Party A in a timely fashion of abnormalities or violations in the transactions of the Entrusted Assets. Party A may inspect the establishment and implementation of the investment management and risk control systems by Party B, and Party B shall give adequate cooperation for the risk management measures taken by Party A with regard to Entrusted Assets. 7.2 Party B shall formulate, establish and continuously improve relevant rules and systems. In particular, Party B shall establish necessary internal control systems in respects of, among other, the personnel, financial affairs and accounts with regard to the Entrusted Assets and the assets owned by Party B or entrusted by other parties, so as to ensure the impartiality, fairness and independence of the investment management operation. 7.3 Party A and Party B shall co-chair the risk control meetings, to discuss and reach resolutions on issues requiring special attention, sudden events and important information. If either party deems it necessary to hold such risk control meetings on issues requiring special attention, sudden events and important information, it shall have the right to convene such meetings and the other party shall be obligated to cooperate.

Risk Control. In order to control the risk of funds, Party B shall be obliged to provide assistance to Party A in completing the following measures: 1. Party A has the right to check whether Party B has valid Financial License and Business License of Enterprise Legal Person before carrying out related transactions with Party B. In case of no relevant license or expiration thereof, Party A shall cease various business cooperations with Party B. 2. Before depositing funds with Party B, Party A has the right to obtain and review the annual report of Party B for the latest accounting year audited by an accounting firm qualified in securities and futures business. After confirming the controllability of risks, Party A may carry out business cooperation with Party B . 3. Party A is entitled to regularly know the operation and financial status of Party B and pay attention to the occurrence of any violation by Party B of the provisions of the Measures for the Administration of Enterprise Group Finance Companies promulgated by the China Banking and Insurance Regulatory Commission. Party A has the right to request the provision of Party B’s various regulatory indicators to Party A’s finance department within fifteen working days after the end of each quarter. If the indicators thereof are not in compliance with the relevant provisions of the Measures for the Administration of Enterprise Group Finance Companies, Party A shall stop the cooperation with Party B in deposit business. 4. Party A has the right to take such risk response measures as full or partial transfer of Party A’s deposits in Party B, suspension of deposits to Party B, requesting Party B to rectify and reform within a certain period to ensure the safety of Party A’s deposits in Party B in the event of the following circumstances: (1) When Party B’s regulatory indicators fail to comply with the provisions of the Measures for the Administration of Enterprise Group Finance Companies; (2) When Party B suffers from such major matters as a run, failure to pay debts due, overdue of large loans, serious failure of important information systems, robbery or fraud and directors or senior management involved in serious disciplinary or criminal cases; (3) Party B suffers huge losses in its securities investment business, with the loss amount reaching 50% of Party B’s registered capital; (4) In the event of major institutional changes, equity transactions or operational risks that may affect the normal operation of Party B; (5) ...

Risk Control. To determine the mitigation strategy, the Project Team brainstorms using a variety of tools including checklists of risk reduction techniques, cost benefits analysis, and an analysis of alternative approaches. The risk is assigned to an owner, who is primarily responsible for monitoring the specific activities of the mitigation plan for that particular risk. The Project Team reviews the alternatives and reaches consensus on which alternative to pursue. Once a plan is adopted, appropriate actions are taken to implement the plan. A contingency budget is also established within the Risk Management plan in the event the initial mitigation strategy is not successful. Risk Management is an ongoing process throughout the life of the project. Risk mitigation activities are integrated into the Work Breakdown Structure and are reviewed during project meetings and planning sessions. Project Managers are required to review and update risks under their control on a regular basis. On-going Risk Management procedures are included in weekly, monthly and periodic activities.

Risk Control. 5.1 Both Parties shall take effective risk control measures for the Suspicious Transactions that may happen during the course of cooperation. 5.2 During the course of providing payment services by Party B, if one Party finds Suspicious Transactions, it shall promptly notify the other Party. At the same time, Party A shall take provisional measures to freeze users’ accounts, cancel transaction orders and the like, Party B shall take provisional measures to suspend to provide payment services, close the payment interface, suspend bank cards transaction, delay or suspend capital settlement and the like. 5.3 In order to better provide payment services for Party A, Party B shall be entitled to require transactions that needs payment services by Party A to be identified and monitored. Party B may take the following measures to control the transaction risk, and Party A shall cooperate, otherwise Party B may suspend or terminate the provision of payment services, and may terminate this Agreement upon written notice to Party A: (1) testing the effectiveness and safety of network address (URL) and network communication address (IP address) of Party A and its transaction platform; (2) inspecting Party A’s trading places and examining whether goods and services provided by Party A’s platform conform to the relevant laws and regulations; (3) examining whether Party A’s description of the goods or services is complete, whether the policies of return and exchange, refund, delivering and transaction cancellation are complete or not, whether the customer service system is sound. 5.4 Party B may set and adjust the type of bank cards, the times of payments and the cap for payments when the users of Party A make payments according to the requirements and risk control needs of bank card organizations and banks, subject to the type of bank cards, the times of payments and the cap for payments available for the users of Party A to make payments, which Party B will notify Party A in advance. 5.5 In a single calendar month, if the amount of various types of Suspicious Transactions of Party A totaled to or more than RMB 2000 yuan and meet or exceed 0.001% of the total amount of accumulated amount of transactions completed by Party A through Party B’s trading system from the effective date of this Agreement, Party B may to require Party A to strengthen the risk control or take remedial measures, and provide feedbacks to Party B of how the remedial measures have been done within 15 d...

Risk Control. The Platform shall have the right to set the position limit for a single token type, which is used to calculate the risk rate, the purchase limit and the amount that can be transferred out your Cross-Leverage Account. Only Digital Assets in your Cross-Leverage Account can be used as Margin for the Loan. We shall monitor the Margin Ratio of your Cross-Leverage Account. For the purposes of this Annex 1, your Margin Ratio shall be determined as follows: Margin Ratio = Total value of Digital Assets within your position limit/(total value of liabilities + unpaid service fee) The value of your assets shall be denominated in USDT, whereby the total market value of Digital Assets = the current total market value of the Digital Assets within the position limit of the Cross-Leverage Account. The value of Digital Assets exceeding your position limit is not accounted for in the calculation of the Margin Ratio. Total value of liabilities = current total market value of Loans outstanding in the Cross- Leverage Account Unpaid service fee = amount of each Loan * duration of the Loan at the time of calculation * hourly service rate - offset/paid service fee When the Margin Ratio of the Cross-Leverage Account reaches 120% (“Warning Line”), the system will send a message to you through the contact information you provided (“Warning Message”). When the risk rate of the Cross-Leverage Account reaches 110% (the “Forced Liquidation Line”), the system will automatically trigger a Forced Liquidation, liquidating the positions in the Cross-Leverage Account held by you and automatically repaying all your Loans. If you have more than one Loan, the repayment will be made in chronological order and the Loan that occurs first will be repaid first. If all the assets in your Cross- Leverage Account are insufficient to repay all Loans, the Platform shall have the right to recover any owed amounts from you. The Platform shall have the right to limit the purchase amount of tokens of a single type, to avoid reduced risk rates or even Forced Liquidation triggered by the purchase of tokens exceeding the position limit. You shall be aware of the risks of leveraged trading. All losses caused by Forced Liquidation shall be borne by you, including any losses where you did not take appropriate measures to reduce your position after receiving in time after receiving a Warning Message. We reserve the right to manage the total value of Loans, the maximum amount of Loans, the Margin Adjustment Coefficie...

Risk Control. 3.2.1 The agent will ensure that all declaration and invoice documentation will be handed personally to the client and will not involve a third party in this duty.

Risk Control. The Risk Control should foresee three main tasks: Planning, Monitoring and Resolution.