Risk Assessment Banking Industry

Our risk assessment templates serve not only as a step-by-step guide in identifying risk as it is associated with the financial institutions products, services and business lines, they will guide you in measuring the risk and oftentimes will provide. No risk assessment was conducted to determine what might go wrong. What is 'Risk Assessment'. however, nowadays, risk management has. BankFirst suggests that all Online Business Banking customers perform a risk assessment and controls evaluation at least once a year. Our approach to managing environmental and social (ES) risks is based on a Policy Framework that defines consistent standards for the identification, assessment and management of reputational risks at Deutsche Bank. Compliance risk analysis and comprehensive controls: Banking organizations should use appropriate tools in compliance risk analysis like self-assessment, risk maps, process flows, key indicators and audit reports; which enables establishing an effective system of internal controls. One of the goals of the risk assessment is to identify vendors who have consumer contact and how they could impact the customer. risk scoping and preliminary risk assessment 2. Gain more control over – and owner­ship of – your risk data with compre­hensive data management capabilities, a banking-specific data model and. banking sector as stable. Understand how to implement control measures. In its latest Philippine banking industry assessment,. The report describes the main developments and trends that affected the EU banking sector in the second semester of 2013 and provides the EBA’s outlook. If you already have an account please use the link below to sign in. Industry risk also addresses the range and stability of funding options available to banks, including the role of the central bank and government. You'll find technical information and business considerations related to It's Me 247 Online Banking and other internet based services. its high levels of industry experience and tenure among personnel within the organization. At the same time, it is equally important for the customer to protect themselves from possible credit card fraud and the ramifications (costly chargebacks, damage to company reputation, etc. You can make anything fit on paper—it’s only when you come to do it that you realize it can’t be done. Risk Assessment for Banking Systems Abstract In this paper we suggest a new approach to risk assessment for banks. ACAMS Risk Assessment provides an automated means of measuring, understanding and explaining an institution's money laundering risks. Industry view. Banking Industry Country Risk Assessment: The Netherlands eurozone), and measures to reduce the budget deficit. Transaction volume (number of services requested) 9. To protect yourself from unauthorized usages on your debit card after it's been lost or stolen, turn the activation off through our Mobile App! For your convenience when you need a replacement, we also offer Instant Issue Debit. BSA/AML Risk Assessment-Overview. The banking industry is perceived as the most advanced in their understanding and implementation of risk management. register for our online workshop entitled "Information Security Risk Assessments: Understanding the Process. A standardized solution to money laundering risk assessments. The Operational Risk Profile Report for each firm: o Identifies and remediates Illegal Acts per SEC Section 10a. Why you are the biggest risk to banks right now. The result of this study reveals that there is no proper mechanism for risk management in banking sector of Pakistan. Risk assessment is a tool to identify those risks in a project and manage it accordingly with proper treatment. Experienced senior risk manager with almost 20 years experience and a demonstrated history of working in the banking industry. economic exposures to financial, commodity or energy risk. What is 'Risk Assessment'. However, important struc -. com is your source for banking information security related content, including fraud, ID theft, risk management, emerging technology (authentication, cloud computing, mobile. 6 billion in revenue* 4 financial planning businesses* financial planners *** 20% 25,000+ of adult australians seek financial advice ** smrs submitted res. Risk Assessment for Banking Systems Abstract We propose a new approach to assess systemic financial stability of a banking system using standard tools from modern risk management in combination with a network model of interbank loans. Michael Alix (senior vice. For this reason, the risk assessment must be comprehensive and updated regularly. 1 Industry Risk Assessment The development of the fashion industry is huge in the UK and now the retail industry also shows growth. The Basics of Risk Assessment; COSO IC – Integrated Framework; Risk Management Strategies for Financial Institutions Using Social Media; Security Audit Assessment; Calculating Risk Assessment Values; Evaluating Risk in Your Business; Determining Your Liability; Risk Management Process and Principles; Goals and Techniques of. Risks can spring from several factors: substantial share of. Risk is an important topic today. Intertek provides essential safety and risk assessments of packaging materials and products by helping quantify, manage and leverage risk as you move your packaging materials through the value chain. In this video, Castellnou, Head of Fire Analysis and Strategy, Fire Service of Catalunya, discusses how risk is perceived and managed in the firefighting industry. Source of funds 10. "CAMELS" ratios. IS/IT RISK MANAGEMENT IN BANKING INDUSTRY Vlasta Svatá, Martin Fleischmann* 1. FRAUD RISK ASSESSMENT. Our risk assessment templates serve not only as a step-by-step guide in identifying risk as it is associated with the financial institutions products, services and business lines, they will guide you in measuring the risk and oftentimes will provide. Senate, Washington, D. Large last-minute transactions that result in significant revenues in quarterly or annual reports. A standardized solution to money laundering risk assessments. A risk assessment is a process to identify potential hazards and analyze what could happen if a hazard occurs. The result of this study reveals that there is no proper mechanism for risk management in banking sector of Pakistan. 3 Risk assessment and management context This handbook addresses the issue of risk assessment and management in the Australian mining industry. S&P Release. Risk definition is - possibility of loss or injury : peril. "Every bank and credit union needs to realize their physical security risks," Sussman says, and that is where penetration testing as part of the physical security risk assessment becomes important. This is an often overlooked portion of a merger or acquisition, but unclaimed property non-compliance can cost your organization millions of dollars in fines and. Your risk assessment is customizable based on your financial institution's unique situation. These principles have been developed through the ongoing exchange of ideas between supervisors and industry since 2003. Audits/Risk Assessments. A snapshot of the Inherent Risk Assessment. Caries management by risk assessment (CAMBRA), according to Kristy Menage Bernie, RDH, BS, RYT, encompasses a methodology of identifying the cause of disease through the assessment of risk factors for each individual patient and then managing those risk factors through behavioral, chemical and minimally invasive procedures. Banking Industry, Associated Risks and Mitigation Strategies- Yoni Ayiekoh University of Nairobi Conclusion The business world is highly dynamic. Model Risk Management14 published by the OCC and the U. One of the goals of the risk assessment is to identify vendors who have consumer contact and how they could impact the customer. However, there are some general, basic steps that should be part of every company’s workplace risk assessment. OBJECTIVES THE STUDY The following are the objectives of the study. Business E-Banking Risk Assessment and Controls Evaluation Purpose. We will today learn more about risk assessments in the food industry and how to sort your risk assessment easily. The report was approved by the Working Party on Consumer Product Safety at its 10th Session in May 2015. iAuditor is the world's #1 inspection software and allows you to: Create mobile ready risk assessment apps online (no IT skills needed) Empower teams to complete risk assessments using smartphone and tablet. S&P Global Ratings classifies the banking sector of Commonwealth of Australia (AAA/Stable/A-1+) in group '3' under its Banking Industry Country Risk Assessment (BICRA). Depending on the issue, there are a host of environmental risk mitigates that can help to get the deal done. Defined by the Codex Alimentarius, a complete risk analysis is made of three steps: risk management, risk assessment and risk communication. Safeguarding the banking system against a systemic crises is one of the major rationales for banking supervision and regulation1. Risk assessment methodology for financial and other service providers specifically for the gambling industry November 18, 2016. The hardest part of the risk assessment process is identifying the level of inherent risk. RCSA (Risk Control Self Assessment) is an empowering method/process by which management and staff of all levels collectively identify and evaluate risks and associated controls. Heartland Bank acknowledges that it is an industry best practice to conduct an annual self-assessment to understand your company's cyber security risk profile. Use cases include both accounting and consulting professionals to understand risk/opportunities for clients and for banks to help determine potential. Formulating the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) risk assessment about five years ago was many a compliance officer's first experience with putting one together. Overview Risk management is a process that provides management with the balance of meeting business objectives or missions and the need to protect the assets of the organization cost effectively. Michael Alix (senior vice. This paper is intended to provide a set of risk-based recommendations when assessing the comprehensiveness of the AML risk assessment within the retail banking industry that has in its portfolio a volatile combination of high risk customers, high risk geography and high risk products. Control measures (or controls) are the precautions taken to ensure that a hazard will not injure anyone. 744 billion in losses in 2012. The Director of Risk for Investment Banking would have full access and controls over risk assessments within his group but limited access to risk assessments within the Retail Banking group. on Consumer Product Safety between 2012 and 2014 on regulatory agencies’ product risk assessment practices. They can complement other types of health care services to reduce morbidity and mortality rates and enhance quality of life for many patients. Questions. We list several areas where Big Data can help the banks perform better. This "loss" in case of banks and companies is multi dimensional. The result of this study reveals that there is no proper mechanism for risk management in banking sector of Pakistan. The Philadelphia Federal Reserve Bank provides this definition of Compliance Risk Assessment: “A compliance risk assessment is a procedure that identifies the major inherent risks within a business line, factors in any processes and procedures that are practiced by the institution to control and/or mitigate those risks, resulting in a. This paper aim is to build Risk Assessment Model for NBFCs' based on both qualitative and quantitative aspects of the client. Principles and theory of risk assessment and management. For instance, a bank risk assessment is needed because the modern banking systems characterized by a fairly complex network of mutual credit exposures is still not infallible as what was emphasized in some of our. Even a nominally high-risk portfolio may have fewer volatile delinquencies because of successful active risk management by the bank. Create awareness of problems and risks involved in the product. Risk Intelligence in banking ontheGeorgian market 05 This report presents the key findings from Deloitte’s assessment of risk management practices in the Georgian banking industry. The importance of risk assessment in the packaging industry Applying the risk assessment process to achieve acceptable risk Packaging machinery and packaging-related converting machinery are prevalent across many industries. its high levels of industry experience and tenure among personnel within the organization. In particular, the assessment:. The COF was defined to link risks affecting technology offices and industry standard best practice controls as defined by COBIT. Doing so can help your company gain a competitive edge in today’s dynamic insurance marketplace by lowering costs, improving risk assessment, and improving the overall customer experience. Index Terms—NBFC, Asset Financing, Risk, Credit Rating I. The risk management framework and sophistication of the process, and internal controls, used to manage risks, depends on the nature, size and complexity of institutions activit ies. The RMA Journal® regularly carries articles on operational risk topics, and The Risk Management Association also publishes an operational risk e-newsletter. Keywords: International, risk, construction, assessment. Executive Summary. A sample risk assessment matrix can be downloaded for free from here. Banking Industry Country Risk Assessment News: Latest and Breaking News on Banking Industry Country Risk Assessment. First, click on the Risk Assessment List tab at the bottom of your risk matrix template. S&P Release. Source of funds 10. Online Banking Risk Assessment in compliance with the new FFIEC guidance(FIL-50-2011) Basic Risk assessment reviewing FI's online banking environment & risk management systems, assigning risk rating on Threats/vulnerabilities, and evaluating Control effectiveness. credit card risk assessment The importance of protecting traveler credit card data cannot be underestimated. It's the type of event that's likely to change what regulators expect in terms of cyber risk management and the use of self-assessments and other tools. The report describes the main developments and trends that affected the EU banking sector in the second semester of 2013 and provides the EBA's outlook. The report was approved by the Working Party on Consumer Product Safety at its 10th Session in May 2015. ) that arise from fraudulent transactions. Risk Identification. (S&P) in its Banking Industry Country Risk Assessment of South Africa. The result of this study reveals that there is no proper mechanism for risk management in banking sector of Pakistan. What I find quite fascinating about cyber risk is the sheer pace of change: recent events suggest that the hackers are one step ahead of the banks in this rapidly evolving space. Peer Analysis Custom peer group analysis for free. Top and emerging risks for global banking During two days of discussion on February 15 in New York and February 29 in London, participants in the Bank Governance Leadership Network (BGLN) met to discuss ways to improve risk identification, implications of the eurozone crisis, and top and emerging risks in global banking. Large last-minute transactions that result in significant revenues in quarterly or annual reports. Here we are in late November, and there are some of you out there who need to have an independent party perform a Risk Assessment to satisfy state regulators regarding your compliance with Money Laundering Law and the Bank Secrecy Act. The Division is involved across the entire range of SEC activities, including policy-making, rule-making, enforcement, and examination. An information security risk assessment, for example, should identify gaps in the organization's IT security architecture, as well as review compliance with infosec-specific laws, mandates and. of Standard & Poor's research and analysis about a banking industry. • The Open Group Technical Guide: Requirements for Risk Assessment Methodologies identifies and describes the key characteristics that make up any effective risk assessment methodology, thus providing a common set of criteria for evaluating any given risk assessment methodology against a clearly defined common set of essential requirements. Since the business of banking entails taking measured risks to make a reasonable profit it is normal to have risk present in an institution's operations. The questionnaire only takes into account hazard types that are related to climate variability and change. Following the bank bailout that ended in October 2016, with the restructuring of HETA's debt, the banking sector will continue to recover, notably thanks to tighter capital and asset quality rules. Author: Lauren Kohr, CAMS-FCI. PDF | "CAMELS" model as a tool is very effective, efficient and accurate to be used as a performance evaluate in banking industries and to anticipate the future and relative risk. The MVROS provides the ability for State vehicle owners to renew motor vehicle. 4= I usually (almost always) do this. A business or government bond issuer does not make a payment on a coupon or principal payment when due. An intuitive, easy-to-use dashboard allows users to select an industry and accurately understand the risk in a sector compared to all other sectors. Background World Bank has attached high importance to money laundering and terrorist financing risk assessment from the early years of the recognition of risk based approach in AML/CFT area and has helped actively client countries to assess these risks. Asset(s) Container(s) Vulnerability Risk Risk Treatment Status Customer non-public personal data. S&P Global Ratings classifies the banking sector of Commonwealth of Australia (AAA/Stable/A-1+) in group '3' under its Banking Industry Country Risk Assessment (BICRA). On November 7, S&P released its ratings methodology addendum for sovereigns with limited external data. other institutions. Management should ensure that the risks are adequately reflected so that a bias does not creep in. Banking Industry Country Risk Assessment Update: August 2014 This article presents updates to Standard & Poor's Ratings Services' scores for the 84 banking systems that it currently. Quantitative risk analysis is a key tool applied in safety management and risk control throughout concept, design, construction, operation and decommissioning of all industrial activity in order to achieve safe operations and hazard control. The risk-based approach has been as well reflected earlier by the Wolfsberg Group in one of their guidance in 2006, specifically in terms of clients’ risk assessment and the type of risks a financial institution should consider during the implementation of such approach and stressing the basis of a reasonably designed risk-based approach5. In addition, where data and estimates result in an assessment that is on the border between two categories, the scoring is based on the expected trend. Risk management in the pharmaceuticals and life sciences industry is a KPMG International report, written in cooperation with the Economist Intelligence Unit. This risk assessment is purely a qualitative and subjective analysis, based on the personal judgment of Bank X’s compliance officer. Credit risk refers to the probability of loss due to a borrower's failure to make payments on any type of debt. ), is a free lancer consultant for US DMF, COS, ANDA, ACTD, CTD, eCTD and other regulatory submissions. To do this it is necessary to identify the hazard , assess the extent of the risk, provide measures to control the risk and manage any residual risks. For each activity, hazards are identified by considering the risk that might exist in the trade and commerce industry and what might go wrong to cause injury or ill health. The result of the assessment is the risk classification. Risk Management: Activities to reduce exposure and mitigate or transfer risks and redeploy investments. Risk Assessment Guide & Template Collection. The Division is involved across the entire range of SEC activities, including policy-making, rule-making, enforcement, and examination. A main operation of banks is the management and control of counterparty risk, market risk, and operational risk. Executive Summary The risk-based approach (RBA) is the cornerstone of a firm's anti-money laundering (AML). In the mining industry—with its inherent potential for major accidents. a management accountant who arrived at the bank in 1998 describes how, in his first job as a process controller, he had to introduce process and risk management for the different operating activities of his branch. Information Security Media Group publishes and maintains BankInfoSecurity. There are three main types of risk assessments included on this page:. Whether the property is industrial, commercial, mixed-use, multifamily, Partner is able to fully assess the historical and current uses of the property. Risk assess your business for money laundering supervision - GOV. Any further DPA guidance on the elements and methodology of risk assessment must be workable in that context without adversely impacting the level of protection of the individuals in the EU. The solutions covered in this article are approaches to risk grid computing in banking. RCSA (Risk Control Self Assessment) is an empowering method/process by which management and staff of all levels collectively identify and evaluate risks and associated controls. com is your source for banking information security related content, including fraud, ID theft, risk management, emerging technology (authentication, cloud computing, mobile. These principles have been developed through the ongoing exchange of ideas between supervisors and industry since 2003. Our risk assessment templates serve not only as a step-by-step guide in identifying risk as it is associated with the financial institutions products, services and business lines, they will guide you in measuring the risk and oftentimes will provide. You'll find technical information and business considerations related to It's Me 247 Online Banking and other internet based services. News Release For release: 22 May 2017 S&P downgrades Australian Banking Industry Country Risk assessment Standard & Poor's (S&P) has today announced it has also lowered its assessment of the standalone credit profiles of almost all financial institutions operating in Australia. Risk ownership and independent challenge by compliance (versus “advice and counsel”) Compliance operating model with shared horizontal coverage of key issues and a clear definition of roles versus the first line of defense; Comprehensive inventory of all laws, rules, and regulations in place to drive a risk-based compliance-risk-assessment. The management of the fire risk within the machinery manufacturing industry is best achieved via having an up-to-date fire risk assessment in place, as required by the Regulatory Reform Fire Safety Order 2005. Packaging Risk Assessment Management. In August 2009, the Economist Intelligence Unit carried out a survey of senior management executives in the pharma-ceuticals and life sciences industry, which includes the biotechnology. Report on misconduct risk in the banking sector, June 2015 4 The number and scale of misconduct cases recently observed, as well as the related penalties and redress costs , means that misconduct issues m ay have the potential to create systemic risks. (S&P) in its Banking Industry Country Risk Assessment of South Africa. be acco mpli shed using either i nternal or external resources. Banking Industry Country Risk Assessment Update: August 2014 This article presents updates to Standard & Poor's Ratings Services' scores for the 84 banking systems that it currently. Since then, the banking sector in. Risk involves the chance an investment 's actual return will differ from the expected return. In this paper we suggest a new approach to risk assessment for banks. The basic format of tree risk assessments are the different Levels of risk. The risk committee is likely to assess operational risks in aggregate, over the whole organisation, and decide which risks are most significant, and what steps should be taken to counter these. Banking Industry Country Risk Assessment News: Latest and Breaking News on Banking Industry Country Risk Assessment. The RBNZ supervises registered banks, non-bank deposit takers (NBDTs) and life insurers for the purposes of the Anti-. Gain more control over - and owner­ship of - your risk data with compre­hensive data management capabilities, a banking-specific data model and. Michael Alix (senior vice. However, important struc -. risk that are consistent with sound industry practice. This article will cover a few of the basic and important aspects of performing tree risk assessments. Risk identification needs to match the type of assessment required to support risk-informed decision making. Conducting your risk assessment: Who, what, when. inherent compliance risk, which includes risks to the institution and its customers. Purpose of Fraud Risk Assessments A. Our experts in business, technology and industry use advanced technology to help you reduce cost and risk, achieve compliance, accelerate speed to market, create new revenue streams and establish a security-rich and reliable infrastructure that's ready for AI and hybrid cloud. Country risk assessment Fragile political consolidation. ANZIIF (The Australian and New Zealand Institute of Insurance and Finance) is the leading provider of education, training and professional development services to the insurance and financial services industry in Australia, New Zealand and the Asia Pacific region. Bank Operations Risk Assessments Up-to-Date Banking Risk Assessments Developed By Experts. Risk assessment is a tool to identify those risks in a project and manage it accordingly with proper treatment. Seven risk dashboards every bank needs 8 The Basel II Capital Accord ties a bank’s capital more closely with its economic risks. All banking organizations, regardless of size, should have a compliance risk-management program. The Accord, a refinement of earlier international regulation, strives to stabilize the banking industry by ensuring consistency and competitiveness among banks. high risk assets we need to have a comprehensive model. Our risk assessment templates serve not only as a step-by-step guide in identifying risk as it is associated with the financial institutions products, services and business lines, they will guide you in measuring the risk and oftentimes will provide your institution mitigating practices. - Establishing reasonable (affordable) draft about risk limit considering risk appetite of bank and set up risk limit on each types of risk. Because pharmaceuticals have curative and therapeutic qualities,. Banking sector risk Step 2 Funding liquidity risk Interactions between funding strategies and Ø solvency concerns Ø Ø Ø Ø Figure 1: Basic structure of the MacroFinancial Risk Assessment Framework 31 UNDERSTANDING SYSTEMIC RISK IN THE BANKING SECTOR: A MACROFINANCIAL RISK ASSESSMENT FRAMEWORK BANK OF CANADA REVIEW • SPRING 2012. This assessment is designed to help you assess the risks of offering banking services to MRBs, support your ultimate position and drive your Marijuana Banking Policy. The report describes the main developments and trends that affected the EU banking sector in the second semester of 2013 and provides the EBA's outlook. In addition, where data and estimates result in an assessment that is on the border between two categories, the scoring is based on the expected trend. forms of risk assessment and therefore both the undertaking and the results of all risk assessments should be coordinated, to the extent that this is possible. iAuditor is the world's #1 inspection software and allows you to: Create mobile ready risk assessment apps online (no IT skills needed) Empower teams to complete risk assessments using smartphone and tablet. For companies looking to acquire business customers, our business reports and public records, portfolio data and risk modeling tools allow clients to create comprehensive profiles of business prospects. Don’t let terminology get you in trouble. The World Bank Risk Assessment Methodology 1. Industry view. Risk involves the chance an investment 's actual return will differ from the expected return. S&P Release. On November 7, S&P released its ratings methodology addendum for sovereigns with limited external data. Email: [email protected]. The detection, assessment, and mitigation of risk must become part of the daily job of all bank employees and not only those in risk functions. Risk assessments are crucial in the banking industry. Such a perspective is necessary because the complicated network of mutual credit. Quantitative risk analysis is a key tool applied in safety management and risk control throughout concept, design, construction, operation and decommissioning of all industrial activity in order to achieve safe operations and hazard control. Because pharmaceuticals have curative and therapeutic qualities,. Businesses regulated by the Money Laundering Regulations must assess the risk that they could be used for money laundering, including terrorist financing. The survey allowed respondents to identify as being from the "Insurance" sector separately from the "Financial Services" sector (as seen in Fig. Our bank criteria use our BICRA economic risk and industry risk scores to determine a bank's anchor, the starting point in deciding an issuer credit rating. Guidebook for Risk Assessment in Public-Private Partnerships Table of Contents 1 Introduction 1 1. Safeguarding the banking system against a systemic crises is one of the major rationales for banking supervision and regulation1. Functions and services that need to be included in the assessment are Finance and Accounting, Human Resources. However, important struc -. Source of funds 10. I am confident that with this software, we will be able to track our thousand+ vendors efficiently and support the new regulations in the mortgage banking industry. Bank Operations Risk Assessments Up-to-Date Banking Risk Assessments Developed By Experts. 5= I always do this. Gain more control over - and owner­ship of - your risk data with compre­hensive data management capabilities, a banking-specific data model and. Cole, Director, Division of Banking Supervision and Regulation Before the Subcommittee on Securities, Insurance, and Investment, Committee on Banking, Housing, and Urban Affairs, U. Since 2008, banking strategies and risk management have become a hot topic for the entire world - not just bankers and professors of finance. Transportation and Logistics Risk Management. Product risk assessment is an important aspect of product development, especially when introducing a new product in the market. We have the breadth and depth of expertise to assist clients with assessing the full spectrum of their risks, developing customized strategies to address them, and meeting their risk management, return on investment, and overall business goals. Marsh Risk Consulting can help. The risk matrix method was brought into assessment system. comprehensive risk identification, assessment, and management was acknowledged by all, it was practiced by few. S&P Release. The designated anti-corruption risk assessment owner(s) will typically engage with a wide range of stakeholders within the business operations. Workplace safety risk assessments are conducted in a unique way at each company. The basic bank risk assessment is a mix of both qualitative review and quantification. Additionally, it is designed to give the Board a. All the Group Executive Directors (‘GEDs’) of Standard Chartered PLC, members of the Standard Chartered Bank Court and the Group Chief Risk Officer are members of the GRC. Existing / legacy systems relatively stable and supported. In our discussion, we'll focus on rating risks. Operational Risk Framework. Explore RMA's operational risk management educational resources below. The purpose of SRM is to assess at a quarterly frequency systemic risk - the probability of a major breakdown in. Risk includes the possibility of losing some or all of the original investment. The risk assessment and management strategies for minimizing the potential for growth of undesirable microorganisms leading to toxin production in a food matrix/manufacturing system are examined. Based on that core value, we strongly support the application of guidelines for crime risk assessment, and we've worked closely with several trade associations to assist with the development of those standards. ABSTRACT: This study investigates the effects of industry specialization on auditors' risk assessments and audit-planning decisions. Risk Assessment Banking Industry.