BIMB Integrated Annual Report 2017

59 Key processes that the Board has established in reviewing the adequacy and effectiveness of the system of internal controls include the following: • Risk Management Framework • Risk Appetite • Audit and Examination Committee • Board Risk Committee • Group Risk Management Committee • Internal Audit • Shariah Advisory Other Key Elements Of Internal Control The other key elements of the internal control systems are described below: • Board Meetings • Group Organisation Structure • Limit of Authority Matrix • Standard Operating Procedures • Human Resources Policies and Procedures • Annual Business Plan and Budgeting Process • Information Technology (“IT”) System • Performance Review • Whistle Blowing Policy Further details on the state of the Group’s risk and internal controls during FY2017 can be found in the Statement on Risk Management and Internal Controls on page 139 of BHB’s Integrated Annual Report 2017.