GENPRU Sch 1 Record keeping requirements
11 The aim of the guidance in the following table is to give the reader a quick overall view of the relevant record keeping requirements. |
2 It is not a complete statement of those requirements and should not be relied on as if it were. |
3 Table |
Handbook reference |
Subject of Record |
Contents of record |
When record must be made |
Retention Period |
Firm's assessment of its financial resources |
(1) The major sources of risk the firm has identified (2) How the firm intends to deal with those risks (3) Details of the stress and scenario analyses carried out and the resulting financial resources estimated to be required |
Not specified |
At least three years |
|
Valuation models for marking to model |
Secure copy of firm's own valuation model |
When model is in use |
Not specified |