CTRL 6.1.3 Direct access to governing body by certain individuals

An authorised firm’s policies, procedures and controls must provide that an individual who is approved to exercise an internal control and assurance function for the firm is entitled to raise matters directly with the firm’s governing body, the chair of the body, or any relevant committee of the body, and to do so privately (that is, without the presence of any representative of the firm’s senior management).

 

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