Whole Section

  • 4.7 Compliance Review

    • 4.7.1

      A Trading Member must carry out checks from time to time to ensure its and its Directors', Officers', Trading Representatives', employees' and agents' compliance with:

      (a) the regulatory requirements of the Relevant Regulatory Authority;
      (b) the Rules and any Approval Conditions; and
      (c) its policies and procedures.

      Added on 3 June 20193 June 2019.

    • 4.7.2

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

      Added on 3 June 20193 June 2019.