In the context of compliance function, which of the following is a STRUCTURAL issue?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. Construct an infrastructure for compliance including organisation structure, flow of authority and apportionment of authority that is clear and well segregated
B. Implementation of clear and non-overlapping processes and procedures that ensure firm does business within its capacity
C. Continuous assessment of the efficacy of the compliance programme and check and balance on its level of implementation and adherence
D. Periodic review of the processes and procedures to gauge the need for amendments and enhance efficiency of the firm's operations
Answer:A
In the context of compliance function, which of the following is a STRUCTURAL issue?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. Construct an infrastructure for compliance including organisation structure, flow of authority and apportionment of authority that is clear and well segregated B. Implementation of clear and non-overlapping processes and procedures that ensure firm does business within its capacity C. Continuous assessment of the efficacy of the compliance programme and check and balance on its level of implementation and adherence D. Periodic review of the processes and procedures to gauge the need for amendments and enhance efficiency of the firm's operations