CM-2.2.1
First, the regulation in this Section is recommendatory in nature (except for the requirements in Paragraph CM-2.2.2 (a)&(e) below), and the guidelines below under the five headings are indicative of best practice. Some of the guidelines may not be appropriate to all relevant licensees. However, if a bank is not following these guidelines, it should consider why it is not doing so.
October 07