Regulation 22 - Risk Management and Internal Controls
International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025 Chapter III GENERAL OBLIGATIONS AND RESPONSIBILITIES
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Risk management requirements: intermediaries must maintain sound systems and controls to protect client assets and manage risk. Regulations require each capital market intermediary to maintain a risk management system for comprehensive risk management and to implement adequate internal procedures and controls, appropriate to its business and outsourced activities, to protect client interests and client assets and to ensure proper risk management.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Risk management requirements: intermediaries must maintain sound systems and controls to protect client assets and manage risk.
Regulations require each capital market intermediary to maintain a risk management system for comprehensive risk management and to implement adequate internal procedures and controls, appropriate to its business and outsourced activities, to protect client interests and client assets and to ensure proper risk management.
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