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 PSD2 controls
EU_PSD2-CTRL-002 - Critical ICT incident reportingEU_PSD2-CTRL-003 - GDPR breach notification workflowEU_PSD2-CTRL-004 - AML suspicious transaction monitoringEU_PSD2-CTRL-005 - Quarterly PCI vulnerability assessmentEU_PSD2-CTRL-006 - Outsourcing provider oversightEU_PSD2-CTRL-007 - DORA Register of Information maintenanceEU_PSD2-CTRL-008 - CTIF suspicious activity escalationEU_PSD2-CTRL-009 - NIS2 cyber resilience testingEU_PSD2-CTRL-010 - Instant payment availability monitoringPSD2-A10-001 - Own Funds Capital Adequacy ProgrammePSD2-A30-001 - Strong Customer Authentication (SCA) ImplementationPSD2-A5-001 - Authorisation Conditions Ongoing Compliance