four eyes principle

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four eyes principle

the requirement that a business transaction be approved by at least two individuals

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

References in periodicals archive ?

Aside from direct collusion, employees may also be able to defeat the four eyes principle if there is poor password security within the bank.

Financial crime in Africa--breaking the cycle, not the bank

The four eyes principle - when a business deal has to be approved by at least two individuals - also makes an appearance.

OOH I SAY; Mind your language with new dictionary

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