BANK 2.1.7 Signing returns
(1) A prudential return must be signed by 2 individuals.
(2) If the individuals approved to exercise the finance function and the senior executive function for the firm are available, they must sign the return. If either or both of those individuals is or are unable to sign, the return must be signed by 1 or 2 of the individuals approved to exercise the following functions:
(a) the risk management function;
(b) the compliance oversight function;
(c) the executive governance function.
(3) In subrule (2), finance function, senior executive function, risk management function, compliance oversight function and executive governance function have the same meanings as in CTRL.
|Derived from QFCRA RM/2014-2 (as from 1st January 2015).|