According to Basel Committee on Banking Supervision guidelines, which of the following statements best describes the relationship between the internal audit function and compliance?

Question

Options

• AThe internal audit methodology should include an assessment of compliance risk.
• BAn internal audit program of adequacy of the bank's compliance function should be es-tablished,
• CThe compliance function and internal audit function should be combined.
• DThe auditors should not discuss internal audit findings with compliance management to maintain