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  • General duty

    • COB 12.5.1

      An Operator of a Scheme must ensure:
      (a) that the financial resources of the Scheme are managed soundly and prudently; and
      (b) that there are sufficient liquid assets in the Scheme to meet:
      (i) the payment of Member benefits; and
      (ii) expenses and other charges relating to the operation of the Scheme.
      Derived from DFSA RMI261/2019 (Made 18th December 2019). [VER35/01-20]