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Financial impact likely to be less than $75,000 in terms of direct loss or opportunity cost.

​Internal Control: ​Control weaknesses, which could result in potential insignificant loss resulting from workflow and operational inefficiencies.

An issue that requires no or minimal amount of senior management/Board effort to manage such as:

• Minimal impact on strategy

• Disruption to normal operations with no effect on achievement of corporate strategy and objectives

• Minimal reputational sensitivity.

Legal/Regulatory: ​Regulatory breach with minimal consequences.