Control Functions means risk management, internal control and similar functions within a financial undertaking.
Control Functions means staff (other than senior management) responsible for risk management, compliance, internal audit and similar functions within an AIFM (e.g. the CFO to the extent that he/she is responsible for the preparation of the financial statements).
Control Functions. The term “Control Functions” means staff (other than Senior
More Definitions of Control Functions
Control Functions means the risk control function, the compliance function and the internal audit function.
Control Functions means those functions that do not have a responsibility of revenue generation and have a responsibility independent from revenue generating functions i.e., to provide objective assessment, reporting and/or assurance on revenue generating/risk taking activities. Not all non-revenue generating functions are control functions; assurance functions and internal control functions are together called control functions. Assurance function are control functions performed by second and third line of defence.
Control Functions means all the functions which, by virtue of a legislative, regulatory, statutory or self- regulatory provisions, are entrusted with control responsibilities;
Control Functions means those employees engaged in functions such as Compliance, Legal, HR, Finance, Operations and Risk Control;
Control Functions means those employees engaged in functions such as Compliance, Risk, Internal Audit and Legal.
Control Functions means the dedicated functions (whether in the form of a unit or department) of an insurer responsible for supporting the board in the fulfillment of its
Control Functions means the functions that have a responsibility independent