Client: European Multilateral Development Bank The Client’s Finance Directorate was in the process of performing its annual update of the Internal Control Framework (‘ICF’) review and submission, as required to meet the client’s internal risk and control governance.   The Finance Directorate wished to launch a mission to review the quality of its completed ICF documentation for its Treasury and Borrowing …

Client: European Multilateral Development Bank Dates Completed: 10/2018-12/2018 The engagement required an analysis of the 1st line of defence FTP practices within the client’s Finance Department, whilst also taking into account the key activities within, the interactions with, the Risk Management function. The main entities impacted by the FTP were: Capital Markets: Client’s capital raising function Treasury: Clients treasury function, …