BR-2.2.8

Past version: Effective from 01 Oct 2010 to 31 Dec 2010
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For the purposes of this chapter, in determining whether a matter is significant, a licensee should have regard to:

(a) The size of any monetary loss or potential monetary loss to itself or its customers (either in terms of a single incident or group of similar or related incidents);
(b) The risk of reputational loss to the licensee; and
(c) Whether the incident or a pattern of incidents reflects weaknesses in the licensee's internal controls.
October 2010