risk
Client selection, sponsorship and exposure-limit breaches
Failure to investigate clients per guidelines, exceeding single-counterparty exposure limits without approval, and sponsoring transactions without adequate counterparty-risk assessment or AML/CTF screening.
In catalog since 2026-09-17T22:28:00Z · Last changed 2026-09-17T22:28:00Z (f368a6cce277)
Record JSON · Open in map · Data retrieval guide
Catalog revision: 791ff2dd3a45707290badee660f185e514d15f1cf518908628f425c2f2c56ee4. A connection does not establish full coverage.
Attributes
- category
- compliance_regulatory
- domain
- Risk Assessment & Management
- Compliance, Audit & Assurance
- taxonomy
- basel-operational-risk
- inherent_rating
- medium
Details
- risk_id
- compliance-selection-exposure-limits
- category
- compliance_regulatory
- likelihood
- low
- impact
- medium
- inherent_rating
- medium
- treatment
- mitigate
- taxonomies
- basel-operational-risk
Source
No record-specific source URL is provided.
Connections
- UC-AUDIT-22 — Review risk strategy and performance with leadership mitigates Client selection, sponsorship and exposure-limit breaches
- strength
- related
- rationale
- UC-AUDIT-15 — Document and supervise engagement work mitigates Client selection, sponsorship and exposure-limit breaches
- strength
- related
- rationale