Regulation 48 - A recognised depository shall have adequate mechanisms for the purposes of reviewing...
International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021 Chapter V GENERAL OBLIGATIONS OF A RECOGNISED DEPOSITORY
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Depository control mechanisms require adequate review, monitoring and evaluation of systems, procedures and safeguards within recognised depositories. Recognised depositories must maintain adequate mechanisms for reviewing, monitoring and evaluating their controls, systems, procedures and safeguards. The ... Summary
Depository control mechanisms require adequate review, monitoring and evaluation of systems, procedures and safeguards within recognised depositories.
Recognised depositories must maintain adequate mechanisms for reviewing, monitoring and evaluating their controls, systems, procedures and safeguards. The general operational requirement covers each internal control element and requires mechanisms capable of performing review, monitoring and evaluation functions.
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