Investor Presentaiton
Annual Report
AR
2022
Institutional strategic planning
SUMMARY
WHO WE
ARE
OUR
STRENGTH
Risk Owners and Managers
Operational Management
Manage the risks associated with their work
processes.
• Implement corrective actions to address
vulnerabilities in existing processes and controls.
AND
OUR
RESOURCES
OUR
RESULTS
THREE LINES MODEL AT BCB
Internal Audit
Greater Autonomy
Reporting to the Board of Governors
Provides independent, objective
assurance and consulting to evaluate
and improve the effectiveness of risk
management, control, and
governance processes.
1st
LINE OF
DEFENSE
STOP
3rd
LINE OF
DEFENSE
EXTERNAL
AUDIT
EXTERNAL
AUDIT
Risk Assessment, Compliance, and
Internal Control
Limited Autonomy
Reporting primarily to the GRC
Promote and monitor the implementation
of effective risk management practices by
the operational manager.
•Assist the GRC in risk exposure decisions
and to properly report risk related
information.
●Monitor various specific risks, such as
non-compliance with laws and regulations.
●Monitor financial risks and financial
reporting issues.
2nd
LINE OF
DEFENSE
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