xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
9. Whether there are systems and processes—E+W+S
(a)for identifying, managing and monitoring operational, financial, regulatory and compliance risks;
(b)for identifying, managing and monitoring risks in respect of the soundness of the design of the scheme;
(c)for recording and documenting risks in an appropriate and durable format;
(d)for ensuring that risks are managed in a timely manner by persons with the appropriate skills, knowledge and resources;
(e)for informing the trustees about risks that have arisen and the steps being taken to manage them.
Commencement Information
I1Sch. 5 para. 9 in force at 1.8.2022, see reg. 1(3)