Article 11 Staffing policies and procedures

An application for registration as a securitisation repository shall contain the following:

  1. (a)

    a copy of the remuneration policy for senior management, board members and for staff employed in risk and control functions of the applicant;

  2. (b)

    a description of the measures put in place by the applicant to mitigate the risk of over-reliance on any individual employee.