Enforcement Decisions Review Committee (EDRC)
MIE-3.4.1
For the purpose of taking enforcement decisions that are of material significance, the CBB has set up the
Enforcement Decisions Review Committee .The
EDRC shall be as constituted by a Directive of the Governor.Amended: July 2021MIE-3.4.2
The
EDRC exercises enforcement powers on behalf of the CBB and is separate from the CBB's executive management structure.Amended: July 2021MIE-3.4.3
The
EDRC may take the assistance of theCMSD staff, but they shall be separate from the staff who were involved in conducting theinvestigations and making recommendations to theEDRC . TheEDRC may also decide to take the assistance ofSROs and outside experts, if warranted.Amended: July 2021