INMA 6.1.26 Notice to be given of certain significant discrepancies

(1) This rule applies if:
(a) in carrying out a reconciliation under rule 6.1.22, an INMA firm discovers a significant discrepancy; and
(b) the discrepancy is not rectified by the end of the next business day after the day on which it is discovered.
(2) The firm must notify the Regulatory Authority of the discrepancy immediately, but by no later than the second business day after the day on which it is discovered.
(3) In this rule:

significant discrepancy includes discrepancies that have the cumulative effect of being significant.
Derived from QFCRA RM/2014-4 (as from 1st January 2015).