CTRL 1.2.6 What is the executive governance function?

(1) The executive governance function for an authorised firm that is a QFC entity is the function of being a member (other than a non-executive member) of the firm’s governing body.
(2) The executive governance function for an authorised firm that is a branch is the function of being a member of the firm’s governing body with responsibility for the firm’s business in or from the QFC.

 

Derived from QFCRA RM/2020-4 (as from 1st July 2021)