| Temasek Review 2011
Enterprise Risk
Enterprise Risk
Strategic, financial and operational risks, faced by the company as a whole, are managed at the enterprise level.
Risks for specific investments include those arising from valuation & price, country, politics, reputation, laws & regulations, tax, funding and key management.
Each risk category has a designated unit as its risk owner to manage specific transaction or enterprise risks.
Our approval authorities, company policies and standard operating procedures drive end-to-end process controls. These established practices, including risk reporting requirements to the Board, have been tested and strengthened during, and since, the global financial crisis.
Risk Categories
Strategic risks
- Aggregate Risk Profile
- Funding & Liquidity
- Political
- Structural Foreign Exchange
- Industry
-
Financial risks
- Investment
- Market
- Credit
-
Operational risks
- People
- Process
- Systems
- Legal & Regulatory
- Reputation
- Business Disruption
Concentration Profile of S$193b Portfolio
| 2011 | 20102 | ||
 |
Financial Services | 36 | 35 |
|---|---|---|---|
 |
Transportation & Industrials | 23 | 23 |
 |
Telecommunications, Media & Technology | 22 | 24 |
 |
Rest of portfolio | 19 | 18 |
| 2011 | 20102 | ||
 |
Liquid & listed assets | 78 | 79 |
|---|---|---|---|
 |
Unlisted assets | 22 | 21 |
- 1Distribution based on underlying assets.
- 2Restated on a comparative basis.
- 3Singapore, Japan & Korea, Australia & New Zealand, North America & Europe.
- 4Asia (excluding Singapore, Japan & Korea), Latin America, Africa, Central Asia & the Middle East.