RM-3.5 RM-3.5 Security Measures for Microfinance Institutions
RM-3.5.1
Licensees that maintain cash on their premises must put in place security measures to minimize the risk of theft or fraud.July 2014RM-3.5.2
Licensees are required to install an alarm system for those premises where cash is held.July 2014RM-3.5.3
Where appropriate,
licensees may consider the need to maintain a trained security guard on the premises.July 2014RM-3.5.4
All
licensees are required to have in place insurance coverage to cover potential losses arising from liability, theft, fire and other potential operational risk.July 2014