3
Segregation of Functions
3.1
A firm must ensure that the performance of multiple functions by its relevant persons does not and is not likely to prevent those persons from discharging any particular functions soundly, honestly and professionally.
[Note: Art. 5(1)(g) of the MiFID implementing Directive]
- 02/04/2015
3.2
The senior personnel of a firm must define arrangements concerning the segregation of duties within the firm and the prevention of conflicts of interest.
[Note: Art. 88 of the CRD]
- 02/04/2015