Appointment of Directors: procedural disclosures and fit-and-proper confirmations required before recommendation to the Board. Prospective directors must provide prescribed personal, professional and regulatory disclosures, declarations of meeting fit and proper criteria and non ... Summary
Appointment of Directors: procedural disclosures and fit-and-proper confirmations required before recommendation to the Board.
Prospective directors must provide prescribed personal, professional and regulatory disclosures, declarations of meeting fit and proper criteria and non association with trading/clearing members, and an undertaking to follow prescribed codes; recognised exchanges/clearing corporations must forward these details and governing board approvals to the Board when recommending names.
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