ST1088EUEU

ST1088

[5. Performance review, audits, reporting and corrective actions] Provide for random control mechanisms as part of daily operations to monitor the trade control workflow within the company to ensure that any wrongdoings are detected in an early stage. Another approach is to use the ‘four eyes…

Plain-language summary

What it actually means.

to be determined

Plain-language summary forthcoming. Source text below.

Source text

As written.

[5. Performance review, audits, reporting and corrective actions] Provide for random control mechanisms as part of daily operations to monitor the trade control workflow within the company to ensure that any wrongdoings are detected in an early stage. Another approach is to use the ‘four eyes principle’, where trade control decisions are reviewed and double-checked.

Assessed by HEXDI

What HEXDI assesses.

  • M6

    1 — TRANSACTION SCREENING

    Program establishes sufficient internal controls, to include reviews by more than one employee, to prevent transactions that have not…

  • M11

    4 — AUDITS AND ASSESSMENTS

    Program requires regular ongoing feedback, testing, and/or quality control assessments of processes on a regular basis outside of the audit…

Source & revisions

First mapped
Jun 8, 2022
Last updated
May 26, 2026 (31m ago)
Source
EU Guidance