NBB On-Site Inspection Readiness
What this control requires
Maintain permanent readiness for NBB on-site inspections. Implement an inspection management programme covering: pre-inspection preparation, document retrieval capability, staff briefing procedures, inspection management, and post-inspection remediation tracking. Conduct annual mock inspection.
Other LOI PI 2018 controls
BEPI-A10-001 - Administrative File Completeness and CurrencyBEPI-A17-001 - Initial Capital Maintenance and MonitoringBEPI-A20-001 - Management Fitness and Propriety ProgrammeBEPI-A21-001 - Sound Governance and Internal Control FrameworkBEPI-A47-001 - Client Funds Safeguarding ControlsBEPI-A50-001 - Own Funds Adequacy MonitoringBEPI-A53-001 - Risk Management Function ImplementationBEPI-A55-001 - Compliance Function and AML/CFT OversightBEPI-A58-001 - Payment Security Incident Reporting to NBBBEPI-A9-001 - NBB Authorisation — Pre-Application Readiness Assessment