Fazit und Kontrollumfeld der xxx(name of bank)

English translation: conclusions and control environment

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Fazit und Kontrollumfeld
English translation:conclusions and control environment
Entered by: Kim Metzger

15:10 Oct 20, 2018
German to English translations [PRO]
Bus/Financial - Finance (general) / Compliance
German term or phrase: Fazit und Kontrollumfeld der xxx(name of bank)
Fazit und Kontrollumfeld
To do with AML. TBML and CTF risks in trade finance
Elizabeth Duke
United Kingdom
Local time: 08:17
conclusions and control environment
Explanation:
Kontrollumfeld (Control Environment) https://www.grin.com/document/79254
Fazit – conclusions
The control environment is the foundation on which an effective system of internal control is built and operated in an organization that strives to (1) achieve its strategic objectives, (2) provide reliable financial reporting to internal and external stakeholders, (3) operate its business efficiently and effectively, (4) comply with all applicable laws and regulations, and (5) safeguard its assets.
https://na.theiia.org/standards-guidance/recommended-guidanc...
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Kim Metzger
Mexico
Local time: 02:17
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2conclusions and control environment
Kim Metzger


  

Answers


12 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
conclusions and control environment


Explanation:
Kontrollumfeld (Control Environment) https://www.grin.com/document/79254
Fazit – conclusions
The control environment is the foundation on which an effective system of internal control is built and operated in an organization that strives to (1) achieve its strategic objectives, (2) provide reliable financial reporting to internal and external stakeholders, (3) operate its business efficiently and effectively, (4) comply with all applicable laws and regulations, and (5) safeguard its assets.
https://na.theiia.org/standards-guidance/recommended-guidanc...


Kim Metzger
Mexico
Local time: 02:17
Native speaker of: Native in EnglishEnglish
PRO pts in category: 442

Peer comments on this answer (and responses from the answerer)
agree  David Hollywood: nice Kim and long time no see
1 hr

agree  Pallavi Shah
2 hrs
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