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.