Risk Assessment
RA-06Approve each assessment, share it with the sponsor bank, and retain the workpapers
How Leela would run itAnnual · with each annual refresh and each targeted reassessment
From the policy libraryThe requirement
Each assessment is approved by the CEO, provided to the sponsor bank’s compliance team for review, and kept with its workpapers, control assessments, and mitigation tracking for seven years.
- Applies
- Tell Leela about your company to see whether this applies.
- Status
- Setup needed
Tell Leela how you handle it today, or hand it over: see what’s next.
The work
Record the CEO approval, send the assessment to the sponsor bank with a transmittal record, and file the workpapers under the retention schedule.
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Approval recordSigned or logged CEO approval with date
- 02Sponsor bank transmittalEmail or portal receipt with date sent
Evidence
Approval record
Risk Assessment §9
2
of 2 records
The work and the records come from this obligation in the policy library.