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PIB 4.3.1

An Authorised Firm must implement and maintain comprehensive Credit Risk management systems which:

(a) are appropriate to the firm's type, scope, complexity and scale of operations;
(b) enable the firm to effectively identify, assess, monitor and control Credit Risk and to ensure that adequate Capital Resources are available to cover the risks assumed; and
(c) ensure effective implementation of the Credit Risk strategy and policy.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]