Administrative File Completeness and Currency
What this control requires
Maintain a complete and current administrative file meeting NBB Article 10 requirements. The file must include: legal documentation, programme of operations, business plan, structural organisation, shareholders information, management F&P, capital proof, safeguarding arrangements, security policy, and BCP. Update within 30 days of material changes.
Other LOI PI 2018 controls
BEPI-A17-001 - Initial Capital Maintenance and MonitoringBEPI-A20-001 - Management Fitness and Propriety ProgrammeBEPI-A21-001 - Sound Governance and Internal Control FrameworkBEPI-A47-001 - Client Funds Safeguarding ControlsBEPI-A50-001 - Own Funds Adequacy MonitoringBEPI-A53-001 - Risk Management Function ImplementationBEPI-A55-001 - Compliance Function and AML/CFT OversightBEPI-A58-001 - Payment Security Incident Reporting to NBBBEPI-A63-001 - NBB On-Site Inspection ReadinessBEPI-A9-001 - NBB Authorisation — Pre-Application Readiness Assessment