Versions

 

HC-5.1.2

The Board must appoint senior management whose authority must include management and operation of current activities of the licensee, reporting to and under the direction of the Board. The senior managers must include at a minimum:

(a) A CEO or general manager;
(b) A chief financial officer;
(c) An internal auditor (see HC-5.4 and AU-1.2); and
(d) A compliance officer (see HC-5.5 and AU-1.2).

and must also include such other approved persons as the Board considers appropriate and as a minimum must include persons occupying controlled functions as outlined in Paragraph AU-1.2.2.

April 2016