• Senior Management

    • RM-1.1.6

      The responsibilities of the senior management of the licensee must include:

      (a) Implementing the overall risk strategy approved by the Board of Directors;
      (b) Ensuring that the strategy is implemented consistently throughout the whole organisation;
      (c) Ensuring that all levels of staff understand their responsibilities with respect to risk management;
      (d) Ensuring that each member of staff has the requisite knowledge, skills, and understanding of the principles and practices of risk management to discharge their duties effectively; and
      (e) Developing and implementing policies, processes and procedures for managing risk in all of the licensee's products, activities, processes and systems.
      July 2014