IMEB 2.1.2 Guidance

For rule 2.1.2 (2), the firm's governing body should assess whether the minimum financial resources required by these rules are adequate for the firm's business. Additional financial resources should be maintained by the firm if its governing body considers that the required minimum financial resources do not adequately reflect the risks of the firm's business.

Note Governing body is defined in the glossary.

Derived from QFCRA RM/2011-3 (as from 1st July 2011)