• REPO Part 2.1 REPO Part 2.1 Core principles

    • REPO 2.1.1 Principle 1 — Integrity

      A representative office must observe high standards of integrity and fair dealing.

      Derived from QFCRA RM/2020-5 (as from 1st October 2020)

    • REPO 2.1.2 Principle 2 — Due skill, care and diligence

      In conducting its business activities a representative office must act with due skill, care and diligence.

      Derived from QFCRA RM/2020-5 (as from 1st October 2020)

    • REPO 2.1.3 Principle 3 — Resources

      A representative office must maintain, and must be able to demonstrate that it has, adequate resources to conduct and manage its affairs.

      Derived from QFCRA RM/2020-5 (as from 1st October 2020)

    • REPO 2.1.4 Principle 4 — Relations with regulators

      A representative office must deal with regulators in an open and cooperative manner. It must keep the Regulatory Authority promptly informed of significant events or anything else relating to the representative office of which the Authority would reasonably expect to be informed.

      Derived from QFCRA RM/2020-5 (as from 1st October 2020)