International Financial Services Centres Authority (Bullion Market) Regulations, 2025 Chapter VII GOVERNANCE OF BULLION EXCHANGE AND BULLION CLEARING CORPORATION
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Segregation of functions requires priority resources for critical operations, regulatory compliance, risk management, legal functions and customer grievances. Segregation of functions requires bullion exchanges and bullion clearing corporations to classify activities into critical operations; regulatory, legal, ... Summary
Segregation of functions requires priority resources for critical operations, regulatory compliance, risk management, legal functions and customer grievances.
Segregation of functions requires bullion exchanges and bullion clearing corporations to classify activities into critical operations; regulatory, legal, compliance, risk management and customer-grievance functions; and other functions, including business development. The first two verticals must receive priority in resource allocation over other functions, and their resource adequacy must be assessed periodically and objectively.
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