HC-3.1.3
For further information and guidance on compliance risk and the compliance function, banks should refer to the Basel Committee publication, "Compliance and the compliance function in banks" (www.bis.org/publ April 2005). The Agency expects banks to carry out a review of their compliance with the principles in this paper on a regular basis (either by way of a self-assessment or by way of a review by the internal or external audit function).