CTRL 3.1.20 Specific obligations — keeping minutes

(1) The governing body of an authorised firm that is incorporated as a company in the QFC, and each committee of such a body, must maintain appropriate records of its deliberations and decisions, sufficient to show that the body or committee is effective and has carried out its responsibilities.
(2) The governing body of a branch must maintain appropriate records of its deliberations and decisions, sufficient to show that the governing body is effective and has carried out its responsibilities.

 

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