Daily safeguarding reconciliation
What this control requires
Daily reconciliation between safeguarded customer balances, core ledger balances and safeguarded bank accounts. Variances above EUR 100 must be escalated to Finance, Compliance and the Board Risk Committee within 4 hours.
Other NBB Circular controls
BE_NBB_CIRCULAR_2012_11-CTRL-002 - Critical ICT incident reportingBE_NBB_CIRCULAR_2012_11-CTRL-003 - GDPR breach notification workflowBE_NBB_CIRCULAR_2012_11-CTRL-004 - AML suspicious transaction monitoringBE_NBB_CIRCULAR_2012_11-CTRL-005 - Quarterly PCI vulnerability assessmentBE_NBB_CIRCULAR_2012_11-CTRL-006 - Outsourcing provider oversightBE_NBB_CIRCULAR_2012_11-CTRL-007 - DORA Register of Information maintenanceBE_NBB_CIRCULAR_2012_11-CTRL-008 - CTIF suspicious activity escalationBE_NBB_CIRCULAR_2012_11-CTRL-009 - NIS2 cyber resilience testingBE_NBB_CIRCULAR_2012_11-CTRL-010 - Instant payment availability monitoringNBB2012-001-001 - Outsourcing Risk Management Framework for PIsNBB2012-002-001 - Critical Outsourcing Monitoring and OversightNBB2012-003-001 - Outsourcing Notification and NBB Approval