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The VIE assignment in a nutshell
The Inspection and Audit Division (IGAD) is comprised of all of the periodic control teams whose main responsibility is to provide an objective, thorough and impartial evaluation of transaction compliance, the level of risk effectively incurred, procedural compliance, as well as the effectiveness and relevance of the permanent control system in place.
The German Audit team is responsible for the audits of all SG companies in Germany, the Netherlands and Austria. The companies to be checked/inspected belong to divisions of Global Banking & Investor Solutions and International Retail Banking.