For example, an inherently high risk of noncompliance with the Truth in Lending Act can result in a low residual risk if the controls are considered strong (as when customer disclosures and redisclosures are automated). This type of assessment is frequently deployed as part of the bank’s ...
• Other materials: for Fairphone's other focus materials, we are rolling out survey tools, such as the Risk Readiness Assessment and Recycled Content Survey, to understand environmental, social, and governance risks and fair material sourcing opportunities. • Systemic outreach to suppliers and ...