CRA-4.11.4
Past version: Effective from 01 Apr 2019 to 31 Mar 2023
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In order to enable the compliance function to discharge its responsibilities properly,
(a) the compliance function must have the necessary authority, resources, expertise and access to all relevant information;
(b) a Compliance Officer must be appointed and shall be responsible for the compliance function and for any reporting as to compliance required by these Rules;
(c) the relevant persons involved in the compliance function must not be involved in the performance of services or activities which they monitor;
(d) the method of determining the remuneration of the relevant persons involved in the compliance function must not compromise their objectivity and must not be likely to do so.
Added: April 2019