2.4.3. Maturity Level 5
| No: 000044021528 | Date(g): 11/10/2022 | Date(h): 16/3/1444 | Status: In-Force |
Maturity level 5 focuses on the continuous improvement of Counter-Fraud controls. Continuous improvement is achieved through continuously analysing the goals and achievements of Counter-Fraud governance and identifying structural improvements. Counter-Fraud controls should be integrated with enterprise risk management practices and supported with automated real-time monitoring to assess control effectiveness. Business process owners should be accountable for monitoring the compliance of the Counter-Fraud controls, measuring the effectiveness of the Counter-Fraud controls, and incorporating the Counter-Fraud controls within the enterprise risk management framework.