Compliance Assurance Division

Compliance Assurance Division (CAD) is responsible for the review and assessment of a unit’s compliance on applicable rules and regulations of the business, as well as to test the appropriateness and reliability of existing processes and adequacy of controls to mitigate business risks. Special reviews may be conducted as the need arises.

Robust compliance testing plays a key role, in identifying weaknesses in existing compliance system controls, and is a critical component of an effective compliance program. Risk assessments are the foundation of an effective compliance testing program. The scope and frequency of compliance testing activities should be a function of an assessment of the overall business risk associated with a particular business activity.