• INMA 4.2.1 INMA 4.2.1 Risks to be addressed

    (1) In its risk management strategy an INMA firm must identify all the risks to which the firm is exposed.
    (2) An INMA firm's risk management policy must address at least operational risk, reputational risk and liquidity risk. Each of those kinds of risk is described in Schedule 1.
    (3) If an INMA firm is exposed (because of the nature, scale and complexity of its business, or for any other reason) to any of the other kinds of risk described in Schedule 1, or a risk of any other kind, that risk must also be addressed in the firm's risk management policy.
    Derived from QFCRA RM/2014-4 (as from 1st January 2015).

    • INMA 4.2.1 Guidance

      1 Schedule 1 gives guidance about what, in the Regulatory Authority's view, should be included in an INMA firm's risk management policy.
      2 The list in Schedule 1 is not exhaustive. With the exception of operational, reputational and liquidity risk, the Regulatory Authority accepts that not all firms will be exposed to all of the risks there described.
      Derived from QFCRA RM/2014-4 (as from 1st January 2015).