Resources involved in the independent third party review must be competent and appropriately trained. The independent third party must not have been previously involved in the development, implementation and operation of the bank's ORMF. The independent review must verify that the ORMF has been implemented in line with the requirements in this module and the Board approved policy and is functioning effectively. The independent reviewer must report on the overall appropriateness and adequacy of the ORMF and the associated governance processes across the bank.