Document background
The Executive Summary For Risk Assessment is a vital management tool used to present a consolidated view of an organization's risk landscape to key stakeholders in Saudi Arabia. This document is typically prepared annually or when significant organizational changes occur, and it synthesizes findings from detailed risk assessments across various business areas. It must align with Saudi Arabian regulatory requirements, including those from the Capital Market Authority, National Cybersecurity Authority, and relevant industry-specific regulators. The document serves multiple purposes: it informs strategic decision-making, demonstrates regulatory compliance, supports resource allocation for risk mitigation, and provides a foundation for risk-aware corporate governance. The executive summary is particularly crucial in the Saudi Arabian context, where organizations must balance international best practices with local regulatory requirements and Sharia principles.
