Monitoring and Enforcement of Module HC
HC-A.1.8
Disclosure and transparency are underlying principles of Module HC. Disclosure is crucial to allow outside monitoring to function effectively. This Module looks to a combined monitoring system relying on the Board, the
administrator licensee's shareholders and the CBB.May 2011HC-A.1.9
It is the Board's responsibility to see to the accuracy and completeness of the
administrator licensee's corporate governance guidelines and compliance with Module HC. Failure to comply with this Module is subject to enforcement measures as outlined in Module EN (Enforcement).May 2011