Page 162 - Full Book_24.4.2021

STATEMENT ON RISK MANAGEMENT AND

INTERNAL CONTROL

Whistle Blowing There is an established process for reporting anyone suspected to be abusing or circumventing processes
Policy and controls. All staff are accorded the opportunity to report via the whistle-blowing mechanism with the
assurance that the report will be dealt with confidentially and that the reporter’s identity will be protected.

Shariah The policy is formulated to enable BHB to communicate its Shariah governance framework and strategies
Compliance Policy towards the effective and efficient Shariah governance throughout the Company in line with the Shariah rules
INTEGRATED ANNUAL REPORT 2020 Anti-Bribery and SSC of Bank Islam’s decision regarding BHB.
and principles, provisions of the Islamic Financial Services Act 2013, BNM’s Shariah Governance Framework
for Islamic Financial and the relevant resolutions of the Shariah Advisory Council of BNM (“SAC”) as well as

The policy serves as a guide to BHB and its subsidiaries in regard to prohibition of any bribery
and corruption activities. It is formulated in accordance with the provisions under the Malaysian
Corruption Policy
Anti-Corruption Commission (“MACC”) Act 2009: Act 694, Section 17A of the MACC (Amendment)
Act 2018: Act A1567 and all other relevant laws. The policy sets out BHB’s zero-tolerance approach
against all forms of bribery, corruption and any other non-regulatory compliance related risks.

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REvIEW OF THE STATEMENT BY ExTERNAL AUDITORS AAPG 3 (Revised 2018) does not require the external auditors

The external auditors have reviewed this Statement on
BIMB HOLDINGS BERHAD 199701008362 (423858-X) scope set out in the Audit and Assurance Practice Guide 3 Management and Internal Control covers all risks and controls,
Risk Management and Internal Control pursuant to the
to consider whether the Directors’ Statement on Risk
or to form an opinion on the adequacy and effectiveness of
(“AAPG 3”) (Revised 2018), Guidance for Auditors on
the Group’s risk management and internal control system
Engagements to Report on the Statement on Risk Management
and Internal Control included in the Annual Report issued by
including the assessment and opinion by the Board of
Directors and Management thereon. The auditors are also
the Malaysian Institute of Accountants (“MIA”) for inclusion in
the Integrated Annual Report of the Group for the financial year
not required to consider whether the processes described to
ended 31 December 2020.
deal with material internal control aspects of any significant
problems disclosed in the Integrated Annual Report will,
Based on the review conducted, the external auditors have
reported to the Board that nothing has come to their attention
This statement is made in accordance with the resolution of the
that would cause them to believe that this Statement:
Board dated 14 April 2021.
(a) has not been prepared in accordance with the disclosures in fact, remedy the problems.
required by paragraphs 41 and 42 of the Statement on Risk
Management and Internal Control: Guidelines for Directors
of Listed Issuers, or
(b) is factually inaccurate.

PUAN NORAINI CHE DAN ENCIk MOHD TARMIDZI AHMAD NORDIN
Chairman Chairman
Board Audit & Examination Committee Board Risk Committee