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  • CL-1.4 CL-1.4 Record-Keeping

    • CL-1.4.1

      Investment firm licensees must ensure that proper records, sufficient to show and explain the investment firm licensee's transactions and commitments in respect of its client assets, are made and which demonstrate compliance with the provisions of this Module. These records must be retained for a period of a minimum of ten years after they were made, unless otherwise required by law.

      Amended: April 2008

    • CL-1.4.2

      An investment firm licensee that holds client assets must:

      (a) Check its record-keeping and client asset procedures regularly; and
      (b) Subject its record-keeping and client asset procedures to an appropriate independent review.
      Amended: January 2007

    • CL-1.4.3

      Detailed record-keeping requirements are contained in Module GR (General Requirements) and Module FC (Financial Crime).