CTRL 3.1.8 General obligations — engagement

An authorised firm’s governing body:

(a) must keep up with material changes in the firm’s business and external environment; and
(b) must act in a timely manner to protect the firm’s long-term interests.

 

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