International Financial Services Centres Authority (Bullion Market) Regulations, 2025 Chapter VII GOVERNANCE OF BULLION EXCHANGE AND BULLION CLEARING CORPORATION
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Functional segregation in bullion market institutions prioritises resources for critical, regulatory, compliance and risk-management functions. Bullion exchanges and bullion clearing corporations must segregate their functions into critical operations; regulatory, legal, compliance, risk ... Summary
International Financial Services Centres Authority (Bullion Market) Regulations, 2025
Functional segregation in bullion market institutions prioritises resources for critical, regulatory, compliance and risk-management functions.
Bullion exchanges and bullion clearing corporations must segregate their functions into critical operations; regulatory, legal, compliance, risk management and customer grievances; and other functions, including business development. Critical operations and regulatory, legal, compliance, risk management and customer-grievance functions must receive higher priority in resource allocation. Resource adequacy for these two priority verticals must be assessed periodically and objectively.
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