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Press release 23 November 2022

SCOR Investment Partners receives ISAE 3402 Type 1 standard for its internal control system

SCOR Investment Partners, the asset management company of the SCOR group, is pleased to announce receipt of the international standard ISAE 3402 type 1 (Insurance Standards on Assurance Engagements 3402) audit certificate, issued by “EY & Associés” on 16 November 2022.

 

The ISAE 3402 standard aims at recognising the internal control systems implemented around the provision of asset management services.

 

This recognition confirms SCOR Investment Partners' commitment to place risk control at the heart of its business with robust internal control systems reflecting best practices.

 

SCOR Investment Partners further commits to undergo a review of the operational effectiveness of its control system to obtain the ISAE 3402 type 2 standard in 2023.

 

Fabrice Rossary, CEO of SCOR Investment Partners, commented: "With this standard, SCOR Investment Partners demonstrates the adequacy and robustness of our internal control systems. We are committed to meeting our institutional clients’ requirements, providing them with a service that meets the highest international standards.”