Case 2 :

Case Scenario :

ABC Bank PLC received the Bangladesh Bank inspection report last week. The management section of the report highlighted the following issues :

(a) Recurring internal fraud incidents occurred in three branches.
(b) Most internal audit reports remain unaddressed.
(c) The external audit report, received six months ago, has not yet been presented to the Board of Directors.
(d) The ALCO paper lacks market analysis.

Task: From a risk management perspective analyze the situation and answer the following :