ONDUCTING COMPLIANCE REVIEWSDedicated internal USB resource will be established for conducting reviews of QSSBs on a rotating basis, anticipating approximately six reviews per year. Reviews of a QSSB will be conducted pursuant to one of the following:
- QSSBs are identified by recommendation of management and approved by the USB Audit & Evaluation Committee.
- QSSB requests a compliance review.
- Significant QSSB structural change, change in executive director or chief financial officer.
- On-site compliance review and testing at the QSSB location.
- The QSSB’s audited financial statement.
- Review of the QSSB marketing plan and budget.