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Internal Control System

FCA Bank has provided itself with an internal control system directed towards continuously detecting, measuring and checking the risks connected to the performance of its own activity which involves the Corporate Bodies, the control functions and committees, the Supervisory Body, the Auditing Companies, Top Management and all staff.

The internal control system comprises the sum of rules, functions, structures, resources, processes and procedures that aim to ensure the achievement of the following aims:

  • checking the implementation of corporate strategy and policies;
  • the containment of risk within the limits indicated in the reference framework for determining the intermediary’s propensity to risk - Risk Appetite Framework “RAF”;
  • safeguarding the value of the assets and protection against losses;
  • effectiveness and efficiency of corporate processes;
  • reliability and security of corporate information and IT procedures;
  • averting the risk that the intermediary is involved, even involuntarily, in illegal activities – with particular reference to those connected with money laundering, usury and the financing of terrorism;
  • compliance of operations with the law and supervisory regulations, as well as with internal policy, regulations and procedures.