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RM-8.1.10

In assessing group risk systems and controls, the investment firm licensee must give consideration to:

(a) The likely impact of activities of the group on the compliance of the licensee with CBB requirements;
(b) The effectiveness of the linkages between group and central functions and the licensee;
(c) Potential conflicts of interest and methods of minimising them; and
(d) The risk of adverse events of other group entities on the licensee, in particular due to financial weakness, crime or fraudulent behaviour.
Adopted: July 2007