Securities Markets Regulations, 2015 · s 38

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 38( 1)

The holder of a capital markets services licence must take the following steps regarding risk management -

(a} to establish and maintain effective risk management policies and procedures which identify the risks relating to its activities, processes and systems, and where appropriate, set the level of risk it tolerates;

{b)

to adopt effective arrangements, processes and mechanisms to manage the risks relating to their activities, processes and systems, in light of its level of risk tolerance;