Vigil mechanism: require whistleblower policy, safeguards and audit committee access for reporting and review. The investment manager must establish a vigil mechanism, including a whistle blower policy for directors and employees to report genuine concerns, with ... Summary
Vigil mechanism: require whistleblower policy, safeguards and audit committee access for reporting and review.
The investment manager must establish a vigil mechanism, including a whistle blower policy for directors and employees to report genuine concerns, with safeguards against victimisation and provision for direct access to the audit committee chair in appropriate cases; an independent service provider may be engaged to operate the mechanism and shall report to the audit committee, which shall review its functioning.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.