Segregation of duties
From ACT Wiki
Splitting responsibilities within a process between different individuals or parts of an organisation, to reduce the risk of fraud.
Having dual controls, e.g. capture by one person & verification or review by another person. Also tasks segregated between departments - each of the following departments cannot perform tasks for other departments, each is separate - front office, risk management, compliance, legal, operations, finance, etc. Within each department, responsibilities are split & access rights to systems & information is on a need to have basis to perform the tasks.
