In order to maintain the transparency of all strategies, guidelines, policies, and challenges encountered, we document everything and ensure that the staff has access to the material. This helps us identify information nonconformities and inconsistencies, as well as guide the professional on how to proceed and limit their work on the issues that really matter.
Finally, it is worth highlighting the need to always review action plans and compliance policies, as the processes, needs, structures, and risk profiles of the financial institution change over time and as services evolve. Therefore, reviewing is a fundamental part of keeping the bank in full agreement with regulatory agencies and the mission of the business.