CTRL Chapter 2 Governance principles and the roles of governing body and senior management

Notes for ch 2

1 Chapter 2, together with chapters 3 and 4, aims to ensure that authorised firms maintain a culture that promotes effective corporate governance that underpins the transparency and integrity of the financial sector in the QFC, minimises the risk of reputational damage and promotes business conduct in accordance with best international standards.
2 Effective corporate governance also strengthens the protection of a firm's depositors, policyholders, clients and other stakeholders.
Derived from QFCRA RM/2012-4 (as from 1st July 2013)