discussions between the group companies. Sharing of resources and operating with a Business Continuity Plan (BCP) - we know what to control. 3. Cash Flow Management Manage cash flow so that the Group and its
investment management operations and related functions to be complied with all applicable legal and regulatory requirements, a clear annual audit plan and procedures for control and audit in which compliance
management system 3.3 Back office supporting system 3.4 Compliance system 3.5 Documentary preparation and record keeping system Chapter 4 Internal Control System Page 2 of 32 (Unofficial Translation) Chapter 1
related operational risk, and evaluate risks both internal and external that could affect the operation and the SEC’s strategic plan. Subsequently, control activities and working procedures are set up to
control testing plan for the production system. Test of controls did not cover key control areas Example 7 : Key manual control was not documented in working papers from an inspection of a banking business
this quarter, KBank expedited the implementation of the digital risk control system development plan in conformity with the current cyber threat environment and past performance, to achieve the target of
which is in the list of SEC, will be auditor for both NDR and FKRMM. An internal control is in place as required by the announcement of Capital Market Advisory Board. NDR will arrange and plan an internal
. 18 In 2017, KBank formulated a cyber risk control system development plan that will lead us to achieve the target of sound risk management. We prioritize risk control including protection and detection
are clearly defined in conformity with the good internal control principle. We also emphasize thorough, accurate and regular disclosures on risk, capital and liquidity management to the public. 3
) accounting system and internal control system of audit clients prior to accepting an audit engagement, (5) correlation between compensation and audit quality, and (6) root causes analysis and remediation plan