Internal audit services for financial institutions
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Internal audit services for financial institutions
Financial institutions are operating in increasingly complex, uncertain and evolving environment. They also have multiple stakeholders that follow diverse and sometimes diverging objectives. Regulators also need to be assured that sound business practice is in place, and that business operations are in compliance with regulatory requirements. Therefore, financial institutions must maintain under a sound system of control and robust processes. The Internal Audit function provides objective and independent assurance on the adequacy and effectiveness of this structure.