You must appoint a nominated officer. If you are a sole practitioner, then you are the Nominated Officer. (NO) The NO receives reports of suspicious
It's certainly going to be an unusual Christmas. We hope that you have a safe and restful time. We're all going to have a lot
Most sanctions and penalties are levied not because a procedure is wrong, but because a firm does not follow its own procedure, or has no procedure at all.
The risk-based approach. In a nutshell, you must assess where your business is most at risk - in order to plan your mitigation. While some
Well, as regulation evolved, it became apparent that senior managers felt that The Regulations were an issue for the Compliance department, and nothing to do with them. The definition clarifies that if you have a management role, then you have a responsibility.