‹ OM-1.5 Control and Mitigation OM-1.5.2 › OM-1.5.1 Licensees must have a strong control environment that utilises: (a) Policies, processes and systems; (b) Appropriate internal controls; and (c) Appropriate risk mitigation and/or transfer strategies. January 2014 ‹ OM-1.5 Control and Mitigation OM-1.5.2 ›