Paragraph 9 I1

England, Wales and Scotland

Whether there are systems and processes—

(a)

for identifying, managing and monitoring operational, financial, regulatory and compliance risks;

(b)

for identifying, managing and monitoring risks in respect of the soundness of the design of the scheme;

(c)

for recording and documenting risks in an appropriate and durable format;

(d)

for ensuring that risks are managed in a timely manner by persons with the appropriate skills, knowledge and resources;

(e)

for informing the trustees about risks that have arisen and the steps being taken to manage them.

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