"A governance and risk management framework is in place to support

adherence to policies/procedures and to identify risks faced by the

Bank, to be reasonably assured that these are monitored, and that

appropriate controls are in place to mitigate each risk to an

acceptable degree.

The risk management framework is based on a “three lines of

defence” model which includes the front line being responsible for

risk identification, assessment and mitigation; the second line

providing oversight and the third line providing independent and

objective assurance.

As part of UTB’s Outsourcing and Third Party relationship Policy, we

carry out appropriate due diligence initially and during the life of

the relationship to ensure that suppliers are as committed to the

prevention of human trafficking and modern slavery as UTB" p. 2