Custodian obligations require governance, risk management, scalable infrastructure and a winding down framework to ensure operational resilience. Regulation 19B requires custodians to meet obligations specified by the Board, including maintaining an appropriate governance structure and processes, implementing an appropriate risk management policy and processes, ensuring scalable infrastructure and technical capacity, and establishing a framework for orderly winding down, with the Board empowered to specify additional measures.
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.
Custodian obligations require governance, risk management, scalable infrastructure and a winding down framework to ensure operational resilience.
Regulation 19B requires custodians to meet obligations specified by the Board, including maintaining an appropriate governance structure and processes, implementing an appropriate risk management policy and processes, ensuring scalable infrastructure and technical capacity, and establishing a framework for orderly winding down, with the Board empowered to specify additional measures.
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