It is evident that the significance of internal auditing as a key contributor to corporate governance has emerged as a theme. This new paradigm in internal auditing will see the profession becoming a front player in ensuring good corporate governance structures.
Functioning of the mortgage market The enactment of the Bill in its current form would hamper the ability of banks to access marketbased sources of financing using mortgages as collateral, such as securitisations and covered bonds. Access to such forms of finance helps diversify the funding base and achieve lower funding costs relative to issuing unsecured bonds.