Authorised Firm in Category 1, 2, 3A or 5 must implement and maintain a Market Risk policy which enables it to identify, assess, control and monitor Market Risk.
(2) The policy must be documented and include the
Authorised Firm's risk appetite and how it identifies, assesses, mitigates, controls and monitors that risk.
Authorised Firm must:
(a) ensure that its risk management systems enable it to implement the
Market Risk policy;
(b) identify, assess, mitigate, control and monitor its
Market Risk; and
(c) review and update the policy at intervals that are appropriate to the nature, scale and complexity of its activities.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]