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RAR 2.1.5

(1) An Authorised Firm shall designate a Senior Manager who will be responsible for leading, formulating and overseeing the Recovery Planning process, including providing to the DFSA any information relevant for the review of the Recovery Plan.
(2) The Authorised Firm shall notify the DFSA of the Senior Manager designated under (1).
(3) Without limiting the generality of the Principles for Authorised Individuals in GEN Rule 4.4, the senior management of an Authorised Firm are responsible for the Recovery Planning of that Authorised Firm.

 

Derived from DFSA RMI283/2020 (Made 16th December 2020). [VER1/04-21]