2.4.3. Maturity Level 5
| No: 44021528 | Date(g): 11/10/2022 | Date(h): 16/3/1444 |
Effective from Oct 11 2022 - Oct 10 2022
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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.