Monitoring and Enforcement of Module HC
HC-A.2.4
Disclosure and transparency are underlying principles of Module HC. Disclosure is crucial to allow outside monitoring of functions effectively. This Module looks to a combined monitoring system relying on the Board, the
money changer licensee's shareholders and the CBB.April 2016HC-A.2.5
It is the Board's responsibility to see to the accuracy and completeness of the
money changer 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).April 2016
