The Agency undertook a regular fraud and corruption risk assessment and updated its Fraud and Corruption Control Plan during the year which was reviewed and approved by the Agency’s Operational Risk & Compliance Committee and the Board’s Audit & Risk Committee.

Fraud and corruption control initiatives are embedded into the Agency’s internal control framework. Key controls such as segregation of duties, approval hierarchies, dual signatories and third party due diligence form part of the mitigation strategies.