SECTION 4 Staffing and remuneration
Article 10 Staffing policies and procedures
An application for registration as a trade repository shall contain the following policies and procedures:
- (a)
a copy of the remuneration policy for the senior management, board members and the staff employed in risk and control functions of the applicant;
- (b)
a description of the measures put in place by the applicant to mitigate the risk of over-reliance on any individual employees.