Whole Section

  • 12.18 Compliance Review

    • 12.18.1

      A Trading Member must carry out checks from time to time to ensure compliance with:

      (1) the regulatory requirements of such Relevant Regulatory Authority;
      (2) the Rules, Directives; and
      (3) its policies and procedures.

      Amended on 19 May 201419 May 2014.

    • 12.18.2

      The checks must be carried out by an internal audit or compliance department/person whose reporting line is independent of dealing, sales and operations.

      Added on 19 May 201419 May 2014.