Entire section Custom print Link Text Only Rich Text Print
  Versions

 

C4-2.1.9

The Board must appoint senior management whose authority must include management and operation of current activities of the category 4 investment firm, reporting to and under the direction of the Board. The Board must make adequate arrangements, at a minimum for the below functions/positions:

(a) A CEO, General Manager (or CO-CEO, Managing Partner etc.);
(b) Financial control;
(c) Compliance;
(d) Risk management;
(e) Asset management;
(f) Internal audit; and
(g) Anti-Money Laundering (AML).
Added: January 2022