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Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Risk Roles and Responsibilities
Change Date : 26/04/2023 | Word Count: 556 | Deployment Measure : 7/10
Rationale:
Section 5.1 states that firms must have a risk management policy that defines the risk management roles and responsibilities within the firm. This is an example clause that firms may wish to use as a starting point.
1.1 Overview
Accountability is fundamental to the success of a risk management strategy. The person with overall responsibility for the Risk Management Policy for CQS purposes is the SRO but there is significant overlap with the COLP who together are