Paragraph 7 I1

Northern Ireland

Whether there are systems and processes—

(a)

for identifying, managing and monitoring operational, financial, regulatory and compliance risks;

(b)

for recording and documenting risks in an appropriate and durable format;

(c)

for ensuring that risks are managed in a timely manner by the appropriate persons;

(d)

for informing the trustees about risks that have arisen and the steps being taken to manage them.

Annotations