(a) Develop and implement policies which are approved by the Board of Directors and procedures and controls, which are approved by
senior management, to enable the Capital Market Service Provider to effectively manage and mitigate the risks that have been identified by the Capital Market Service Provider or notified to it by the CBB;
(b) Monitor the implementation of those policies, procedures and controls and enhance them if necessary; and
(c) Perform enhanced measures where higher risks are identified, to effectively manage and mitigate those higher risks.
Added: January 2020