191. Where established, the IAF should be independent and have sufficient authority, stature and …

Where established, the IAF should be independent and have sufficient authority, stature and resources. In particular, investment firms should ensure that the qualification of the IAF ’s staff members and the IAF’s resources, in particular its auditing tools and risk analysis methods, are adequate for the investment firm ’s size and locations, and the nature, scale and complexity of the risks associated with the investment firm ’s business model, activities, risk culture and risk appetite.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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