Custodian obligations require governance, risk management, scalable infrastructure and a winding down framework to ensure operational resilience. Regulation 19B requires custodians to meet obligations specified by the Board, including maintaining an appropriate governance structure and processes, ... Summary
Custodian obligations require governance, risk management, scalable infrastructure and a winding down framework to ensure operational resilience.
Regulation 19B requires custodians to meet obligations specified by the Board, including maintaining an appropriate governance structure and processes, implementing an appropriate risk management policy and processes, ensuring scalable infrastructure and technical capacity, and establishing a framework for orderly winding down, with the Board empowered to specify additional measures.
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