Entire section Custom print Link Text Only Rich Text Print
  Versions

 

TC-1.1.11

In accordance with Paragraph LR-1A.1.12, an employee of appropriate standing must be designated by the conventional bank licensee for the position of compliance officer. The duties of the compliance officer, include:

(a) Having responsibility for oversight of the conventional bank licensee's compliance with the requirements of the CBB and other applicable laws and regulations;
(b) Raising awareness and providing training for the conventional bank licensee's staff on compliance issues; and
(c) Reporting to the conventional bank licensee's Board in respect of that responsibility.
October 2013