Omar Hamdy

Glossary. Regulation, risk and disclosure

Assurance

Assurance

An independent check of reported information; limited assurance is lighter, and reasonable assurance is closer to an audit.

التأكيد (محدود / معقول)

فحص مستقل للبيانات المُفصح عنها؛ التأكيد المحدود أخف، والتأكيد المعقول أقرب إلى التدقيق.

المصدر: اختيار تحريري حيث لا يوجد مصطلح رسمي

Source of the Arabic term: Editorial choice where no official term exists

Why a lender reads this

Regulators and DFIs set what a lender must disclose and how it treats climate risk. These terms decide what goes in the annual report, the credit memo and the reply to the regulator.

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