China Securities Regulatory Commission Notice [2008] No.10 - Provisions for the Administration of Chief Risk Officers of Futures Companies (Trial Implementation)
中国证券监督管理委员会公告[2008]10号 - 期货公司首席风险官管理规定(试行)
CSRC requires a chief risk officer in futures companies.
Date:
May 2008
CLP Reference: 3600/08.03.27
Promulgated: 27 March 2008
Effective: 01 May 2008
Keywords (click to search): [chief risk officer] [futures companies] [legal compliance] [risk management]
Promulgated: March 27 2008
Effective: May 1 2008
Applicability: Chief risk officers are senior management personnel of futures companies who are responsible for carrying out supervision and inspection of the company’s legal compliance of its operation and management, and the company’s risk management status (Article 2).
Main Contents: A chief risk officer is accountable to the board of directors of a futures company (Article 2). A chief risk officer shall conduct an inquiry and investigation in respect of the potential violations...
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