RM-8.1.8
Past version: Effective from 01 Jul 2007 to 30 Sep 2007
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In assessing group systems and controls, an
(a) The likely impact of activities of the group on the compliance of the licensee with CBB requirements;
(b) The effectiveness of linkages between group central functions and the licensee;
(c) Potential conflicts of interest and methods of minimising them; and
(d) The risk of adverse events of other group entities on the licensee, in particular due to financial weakness, crime or fraudulent behaviour.
Amended: January 2007