Record Keeping
RM-2.1.8
Investment firm licensees must maintain appropriate records of:(a) Counterparty exposures, including aggregations of individual counterparty exposures, as appropriate, by:(i) Groups of connected counterparties;(ii) Types of counterparty as defined, for example, by the nature or geographical location of the counterparty;(b) Investment decisions, including details of the decision and the facts or circumstances upon which it was made; and(c) Information relevant to assessing current counterparty and risk quality.Adopted: July 2007RM-2.1.9
For the purposes of this Module, connected counterparties means all undertakings with which the
licensee hasclose links ; theDirectors (and their family) of thelicensee ; and theDirectors (and their family) of undertakings with which thelicensee hasclose links .Adopted: July 2007