Entire Section

  • Risk management

    • GEN 5.3.4

      An Authorised Person must establish and maintain risk management systems and controls to enable it to identify, assess, mitigate, control and monitor its risks.


      Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]

    • GEN 5.3.5

      An Authorised Person must develop, implement and maintain policies and procedures to manage the risks to which the Authorised Person and where applicable, its customers or users, are exposed.


      Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]

    • GEN 5.3.6

      (1) An Authorised Person must appoint an individual to advise its Governing Body and senior management of such risks.
      (2) An Authorised Person which is part of a Group should be aware of the implications of any Group wide risk policy and systems and controls regime.

      Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]