CTRL 3.1.14 Specific obligations — approving and updating plans
(1) An authorised firm’s governing body:
(a) must approve strategic and business plans appropriate to the nature, scale and complexity of the firm’s business; and
(b) must update the plans regularly to take account of changes in the business environment.
(2) The strategic and business plans may be combined in 1 document.
|Derived from QFCRA RM/2020-4 (as from 1st July 2021)|