Article (7) Issues and Actions
Effective from 3/4/2025Article (9) of the Standard emphasizes that each identified finding/incident is included in the report. The SCF should analyze and identify the root cause and assess the following:
| a. | existence of reliable and efficient controls that should have prevented the identified incident from occurring, |
| b. | comprehensiveness and clarity of the internal policy’s requirement in relation to the incident, |
| c. | Whether the relevant employees are notified of, and have access to, the relevant internal policy, |
| d. | adequacy of staff awareness and the existing training programmes in relation to the identified finding, and |
| e. | staff conduct and adherence to the established policies, and potential conflict of interest. |