An introduction to Country and Regional Risk Assessments
Where a company is planning on overseas expansion, is considering a merger, sale, or acquisition, or simply wishes to be kept appraised of factors that may affect their international investment, they may rely on intelligence and risk packages such as the country and regional risk assessments provided by Millbank Solutions.
What is a Country Risk Assessment?
A Country Risk Assessment (CRA) is a detailed document, compiled following an in-depth analysis of threat and associated risk within a particular country, in which a company, organisation, or individual chooses to do business or invest. The CRA will suggest mitigation dependent upon the risk appetite of the client.
What is a Regional Risk Assessment?
With all the elements of the CRA considered, the Regional Risk Assessment (RRA), focusses on a particular area within the relevant country. It may be that some threat and risk is geographical and would only impact on staff during travel to different areas in-country for example.
These documents are designed to inform the commercial decision-making process and provide relevant up-to-date information for management, travelling staff and all stakeholders.
What is covered in our Country and Regional Risk Assessments?
At Millbank Solutions, every CRA and RRA document is compiled bespoke to clients’ requirements. Typical areas within the scope for analysis are geopolitics, terrorism, travel risk management, security, current economic factors and the operational landscape.
Within each of those areas, a plan will identify threats and offer recommendations in order to mitigate risk. Our documents also include a comprehensive Journey Management Plan (JMP), a communications plan and details of measures to be taken should an evacuation be required.
If you would like to discuss any of the services provided by Millbank Solutions, contact us via our website here, via email at email@example.com or by phone on +44 (0)208 191 9979 (London) / +44 (0)191 909 7007 (Durham)