IA-1.1.1
The Board of Directors must establish adequate internal controls and maintain effective oversight and governance of the
(a) Controls over technology solutions;
(b) Platform operations and performance;
(c) Tools and measures to prevent frauds and errors;
(d) Risk management controls;
(e) Prevention of anti-money laundering (AML) and combating terrorist financing (CTF);
(f) Record keeping and audit trails;
(g) Safeguarding client moneys; and
(h) Financial controls.
October 2019