OM-2.4.5

A licensee must nominate a relevant approved person with day-to-day responsibility for handling the relationship with the outsourcing provider and ensuring that relevant risks are addressed. The name of this person must be communicated to the CBB as part of the request for prior approval required under Section OM-2.3 or if any change occurs thereafter. Any subsequent replacement of such person must also be notified to the CBB.

Amended: October 2017
January 2014