(a) it meets the corporate governance requirements in Rule 5.3.30;
(b) it is appropriate with regard to:
(i) the nature, scale and complexity of the business of the
Authorised Person; and
(ii) the ability and qualifications of the responsible individuals;
(c) it is clear who is responsible for which matters; and
(d) the business of the
Authorised Person can be adequately monitored and controlled by the Authorised Person's Governing Body and senior management.