LLD 21.2 Market risk management systems and controls
Application of PRU 4.1
PRU 4.1 applies to managing agents and to the Society in accordance with:
- (1)
for managing agents, LLD 16.3.3 R; and
- (2)
for the Society, LLD 16.3.1 R.
In accordance with LLD 18.4.2 R, the rules and guidance in PRU 4.1 relating to the establishment and maintenance of a business plan do not apply to the Society.