CTRL 2.1.1 Principle 1 — approval of corporate governance framework
The governing body of an authorised firm must approve a corporate governance framework for the firm:
(a) that is appropriate to the nature, scale and complexity of the firm’s business; and
(b) under which the governing body is ultimately responsible for ensuring that the firm carries out the firm’s obligations under these rules.
|Derived from QFCRA RM/2012-4 (as from 1st July 2013)
Amended by QFCRA RM/2020-4 (as from 1st July 2021)