Governance and Controlled Functions Rules 2012 (CTRL)

On 1 July 2021, CTRL will be repealed and replaced by QFCRA Rules 2020-4. To see how the new CTRL will look on 1 July 2021, click here to view PDF Version and here for Word version.

Click here to view earlier versions of Governance and Controlled Functions Rules 2012 (CTRL).

Governance and Controlled Functions Rules 2012 (CTRL)
CTRL Chapter 1:
CTRL 1.1.1 Name of rules
CTRL 1.1.2 Commencement
CTRL 1.1.3 Application of CTRL
CTRL 1.1.4 Glossary
CTRL Chapter 2:
Governance principles and the roles of governing body and senior management
CTRL Part 2.1 Governance principles
CTRL Part 2.2 Governing bodies
CTRL Part 2.3 Senior management
CTRL Chapter 3:
Controlled functions
CTRL Part 3.1 Controlled functions — definitions
CTRL Part 3.2 Controlled functions — firms' obligations
CTRL Chapter 4:
Risk management and internal controls framework
CTRL Part 4.1 Composition of framework
CTRL Part 4.2 Reporting
CTRL Chapter 5:
CTRL Part 5.1 Outsourcing generally
CTRL Part 5.2 Material outsourcing arrangements
CTRL Glossary