Guidelines
Published Date: 01 July 2014

​Guidelines on Risk Management Practices – Internal Controls

Guidance to financial institutions on sound practices for their internal control environment and business process controls.

Internal controls are the policies, procedures and processes to ensure the safe and sound management of financial institutions (FIs). These guidelines provide FIs with guidance on sound and prudent internal controls. 

The guidelines cover:

  • The control environment which sets the tone for the control culture of an institution and influences the control consciousness of its staff.
  • Business process controls for specific areas or activities within an FI.