Risk Management
ImmersiX has established the following risk management measures to manage legal and regulatory risks:
Close Collaboration with Legal Advisors: ImmersiX works closely with legal experts in each region to respond swiftly to all legal issues. A global network of legal advisors is established to ensure the platform's operations comply with the legal requirements of each country.
Insurance Coverage: To prepare for various risks related to platform operations (e.g., cyber-attacks, legal disputes), appropriate insurance is obtained. This helps minimize financial losses due to unforeseen legal disputes or regulatory violations.
Ongoing Internal Audits and Compliance Programs: ImmersiX conducts regular internal audits to check the state of regulatory compliance and operates a compliance program to educate and supervise employees to adhere to regulatory requirements. This helps identify and manage potential regulatory risks in advance.
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