Document background
The Management Control Review is a crucial document used in the Netherlands to evaluate and document an organization's internal control framework and compliance with Dutch regulatory requirements. It is typically conducted annually or when significant organizational changes occur, serving as both a compliance tool and a management instrument for improving operational efficiency. The review encompasses assessment of internal controls, risk management systems, and governance structures, providing detailed findings and recommendations aligned with Dutch legislation including the Financial Supervision Act and Dutch Corporate Governance Code. This document is particularly important for organizations seeking to maintain robust control environments, manage risks effectively, and demonstrate compliance with regulatory requirements to stakeholders and supervisory authorities.
