HC-6.2 HC-6.2 Establishment of Management Structure
HC-6.2.1
The Board must approve and review at least annually the
investment firm licensee's management structure and responsibilities.January 2011HC-6.2.2
The Board must appoint
senior management whose authority must include management and operation of current activities of theinvestment firm licensee , reporting to and under the direction of the Board. Thesenior managers must include at a minimum:(a) ACEO ;(b) A chief financial officer;(c) A corporate secretary;and must also include such other
approved persons as the Board considers appropriate and as a minimum must include persons occupyingcontrolled functions as outlined in Paragraph AU-1.2.2.Amended: April 2011
January 2011