Acting as a Financial Risk Management Consultant, develop a comprehensive risk management plan for a multinational corporation. Identify key financial risks, including credit, market, liquidity, and operational risks. Outline mitigation strategies such as diversification, hedging, and insurance. Provide a framework for regularly reviewing and updating the plan based on changes in the business environment and regulatory landscape. 
<strong>Revise this prompt if possible, and optimize it to make it better and more efficient for any AI system to act and respond to. 
If possible run your optimized version.</strong>