CTRL 7.1.1 Guidance

In assessing the appropriateness of an authorised firm’s risk management framework, and the firm’s compliance with the provisions of this Chapter, the Regulatory Authority will have regard to the firm’s risk profile, and in particular to:

• the nature scale and complexity of operations in the QFC
• whether or not the firm is a branch of a firm established in another jurisdiction
• whether or not the firm is included in a risk management framework established at head office or group level.


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