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Can an internal audit department submit and approve their Swift user's attestation on the KYC-SA Swift portal?
Suggested Answer: B
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27 comments · newest first
FR
Francoise
10 months ago
I thought it was a strict no, so B might be correct.
ER
Erasmo
11 months ago
Definitely need the CISO's approval, so A is right.
DE
Dell
11 months ago
Wait, can internal auditors really do that? Seems off.
EL
Elenore
11 months ago
No way, I don't agree with that!
PA
Paulina
11 months ago
I think option C makes the most sense.
BR
Brent
12 months ago
I believe the Chief auditor's approval is necessary, but I can't recall if the CISO has to be involved too.
LA
Larae
12 months ago
I’m a bit confused about the credentials part. Does the internal auditor need special access to submit the attestation?
SH
Sheridan
12 months ago
This question seems similar to one we practiced about KYC processes. I feel like the auditor's role is limited in this case.
IS
Isidra
1 year ago
I think I remember that internal auditors can submit attestations, but I'm not sure if they need specific approval from IT or the CISO.
HE
Heike
1 year ago
I'm a bit confused by the wording of the question. Can an internal auditor really submit and approve their own attestation? That doesn't seem right to me. I'll need to double-check the information provided and make sure I understand the proper process.
JE
Jessenia
1 year ago
Okay, I've got a strategy for this. I'll start by identifying the relevant policies and procedures around internal audit attestations. Then I'll consider the potential implications of the different options presented in the question. I feel confident I can work through this step-by-step.
GA
Gabriele
1 year ago
Hmm, this is an interesting one. I think the key is understanding the specific roles and responsibilities within the internal audit department and how that relates to the KYC-SA Swift portal. I'll need to think through the potential scenarios carefully.
OL
Oliva
1 year ago
I'm not entirely sure about this one. The question seems a bit ambiguous, and I'll need to carefully review the details to determine the appropriate approach.
CO
Corrina
1 year ago
Just a friendly reminder - no Swift user discounts for internal auditors, even if they approve their own attestation. That would be a big no-no!
CO
Colette
1 year ago
I'm going with option D. Getting approval from the Chief auditor seems like the safest way to handle this. Can't be too careful when it comes to attestations.
JU
Junita
1 year ago
Hmm, I wonder if the internal auditor would get a discount on the Swift user fee if they approve their own attestation? Just kidding, but this is an interesting question.
DA
Daisy
1 year ago
B) No, this is never an option
RO
Rossana
1 year ago
C) Yes, an internal auditor can submit the attestation for approval provided they have the appropriate credentials for switt.com. The CISO remains in charge of the approval of the attestation
CH
Christene
1 year ago
A) Yes, providing this is agreed by the head of IT operations and the CISO
AL
Almeta
1 year ago
Option C looks like the right answer. As long as the internal auditor has the proper credentials, they can submit the attestation for approval by the CISO.
NI
Nickolas
1 year ago
User 3: It's important to have the proper credentials in place before submitting anything on the portal.
MA
Malika
1 year ago
User 2: Yes, that's right. The CISO will still be in charge of approving the attestation.
BA
Barrie
1 year ago
User 1: Option C looks correct. The internal auditor can submit the attestation as long as they have the right credentials.
TI
Titus
1 year ago
I'm not sure about this one. Can an internal auditor really approve their own attestation? That seems like a conflict of interest to me.
RI
Rima
1 year ago
I'm not sure, but I think D) Yes, with approval from the Chief auditor, could also be a valid option.
DE
Devorah
1 year ago
I disagree, I believe the correct answer is C) Yes, an internal auditor can submit the attestation for approval provided they have the appropriate credentials for switt.com. The CISO remains in charge of the approval of the attestation.
MA
Martha
2 years ago
I think the answer is A) Yes, providing this is agreed by the head of IT operations and the CISO.