Regulatory Alerts2020-10-01
Added · Updated
Communiqué on Documentation and Record-Keeping System Regarding Investment Services and Activities and Ancillary Services
The Capital Markets Board issued this Communiqué to establish mandatory principles for the documentation, record-keeping, and accounting of investment firms. It requires firms to maintain specific forms, such as customer order and transaction instruction documents, while strictly regulating the receipt, transmission, and electronic storage of customer orders. The regulation further mandates the issuance of risk notifications, the maintenance of framework agreements, and the preservation of records for a minimum of ten years to ensure transparency and compliance.
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