CTRL 3.1.7 General obligations — decision-making

An authorised firm’s governing body:

(a) must ensure that it has access to sufficient information and independent advice about the firm’s affairs to make informed decisions and discharge its responsibilities effectively; and
(b) must be mindful of the legitimate interests of shareholders, customers and other stakeholders when making decisions.


Derived from QFCRA RM/2012-4 (as from 1st July 2013)
Amended by QFCRA RM/2020-4 (as from 1st July 2021)