BR-5.1.8

Past version: Effective from 01 Oct 2010 to 31 Mar 2014
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The appointment of a compliance manager/officer requires the CBB's prior approval (refer to Section LR-1A.1 for full details). The bank should also outline how the compliance function fits into the bank's senior management reporting structure, and should give details of relevant reporting lines within the bank.

Amended: October 2010
October 2007