In all, supervision, control and audit financial derivatives trading personnel should possess a considerable degree of professional knowledge and experience. Must have the perfect the internal control system, ensure the trading activities accord with principles and procedures, and authorized by fully supervision.
The internal control system of the company will have difference, but the following procedures should be considered: the business department, affairs department and the accounting system, ensure the reconciliation between procedures for any financial derivatives trading parties to comply with their respective jurisdiction, ensure the program trading parties agreed terms of procedure, to ensure formal documents to complete the procedure, to ensure agent of reconciliation report positions, ensure positions can settlement procedures and reporting procedures, to ensure that no excessive or crossing the behavior of the program and ensure rates or prices can independently verify that the program, to certain conduct supervision procedure.
An insurance company shall periodically financial derivatives business report, report should understand that the way of the company, a fully risk of quantitative and qualitative information.
Should be responsible for the supervision and evaluation, subrogations and control financial derivatives transaction risks allocation of resources, fully functional departments, and with the business department.
An insurance company shall have internal audit plan, this plan should cover their financial derivatives, ensure timely find weaknesses and operation of the internal control system. The internal audit function must be independent of its function of inspection and control system. Internal audit work by qualified professionals, they should be aware of the risk of internal financial derivatives. Internal auditors should appraisal risk management departments of independence and overall efficiency evaluation, the implementation and risk boundaries to senior management and provide the information of the reliability and effectiveness, periodic review financial derivatives operations to ensure its requirements.
是用专业翻译软件翻译的,但被我改了好多
All, supervision, control and audit of financial derivatives transactions should have considerable expertise and experience. You must have a sound internal control system, ensure that the trading activities in line with the principles and procedures for the authorisation, and be adequately monitored.
The internal control system of the company, but the following important programs are to be taken into account: a business unit, service and accounting systems reconciliation procedures to ensure that any financial derivatives transactions in compliance with the respective permission procedures to ensure that parties have agreed terms of procedures to ensure that official documents to be able to instantly completed process, ensuring that brokers report positions on account of the position of the procedures to ensure that cannot be settled and reporting procedures to ensure that no acts ultra vires or cross-border procedures, ensure that the rates or prices to independent verification procedures to ensure that the specific conduct oversight of the program.
Insurance companies should be taken in respect of financial derivatives business conduct periodic report, the report should be based on clear way shows the company's risk situation, to have sufficient quantitative and qualitative information.
Should be responsible for assessing, monitoring, and control of financial derivatives trading risk functional configuration sufficient resources and align it with the business sector.
Insurance companies should be a set of internal audit plan, the plan to cover its financial derivatives business, ensure timely identified internal control weaknesses and deficiencies in the operating system. The internal audit function must be independent from the check functions and control system. Internal audit work by competent professionals who understand financial derivatives inherent risks. Internal audit personnel should assess the risk management function and independence of the judiciary and overall efficiency, the evaluation of the implementation of the risk limits and provided to senior management and Board of Directors of the reliability and timeliness of information, periodic review of the financial derivatives business to ensure that it meets your requirements.
All in, monitoring, control and audit of financial derivatives trading personnel should have a considerable degree of expertise and experience. Must have a sound internal control system to ensure that trading activities undertaken by the principles and procedures of the donor, and are subject to adequate oversight.
The company's internal control system will be different, but the following important procedures that must be considered: the business sector, services sector and the reconciliation between the accounting system procedures to ensure that any financial derivatives trading parties to comply with procedures for their rights, ensure that the terms of the transaction parties to the transaction have agreed procedures to ensure that official documents can be produced immediate procedures to ensure that brokers report the situation position reconciliation procedures to ensure that positions can be settled by reporting procedures to ensure no cross-border acts ultra vires or procedures to ensure that rates or prices to independent verification procedures to ensure monitoring of specific actions the procedure.
Insurance companies should conduct periodic financial derivatives business report should clearly understand the way that the company's risk profile, have sufficient quantitative and qualitative information.
Should be responsible for assessing, monitoring, and control liquidity risk of financial derivatives transactions allocation of adequate resources functions, and its business separation.
Insurance companies should have a set of internal audit plan to cover its financial derivatives business, to ensure the timely identification of internal control weaknesses and operating system flaws. Internal audit function must be independent of its inspection and control system functions outside. Internal audit work should be competent professionals who, they should be aware of the risks inherent in financial derivatives. Internal auditors should evaluate the independence of risk management functions and overall efficiency, evaluation and implementation of risk limits available to senior management and board of the reliability and timeliness of information, regular review of financial derivatives to ensure compliance with requirements of the busine
In all, supervision, control and audit financial derivatives trading personnel should possess a considerable degree of professional knowledge and experience. Must have the perfect the internal control system, ensure the trading activities accord with principles and procedures, and authorized by fully supervision.
The internal control system of the company will have difference, but the following procedures should be considered: the business department, affairs department and the accounting system, ensure the reconciliation between procedures for any financial derivatives trading parties to comply with their respective jurisdiction, ensure the program trading parties agreed terms of procedure, to ensure formal documents to complete the procedure, to ensure agent of reconciliation report positions, ensure positions can settlement procedures and reporting procedures, to ensure that no excessive or crossing the behavior of the program and ensure rates or prices can independently verify that the program, to certain conduct supervision procedure.
An insurance company shall periodically financial derivatives business report, report should understand that the way of the company, a fully risk of quantitative and qualitative information.
Should be responsible for the supervision and evaluation, subrogations and control financial derivatives transaction risks allocation of resources, fully functional departments, and with the business department.
An insurance company shall have internal audit plan, this plan should cover their financial derivatives, ensure timely find weaknesses and operation of the internal control system. The internal audit function must be independent of its function of inspection and control system. Internal audit work by qualified professionals, they should be aware of the risk of internal financial derivatives. Internal auditors should appraisal risk management departments of independence and overall efficiency evaluation, the implementation and risk boundaries to senior management and provide the information of the reliability and effectiveness, periodic review financial derivatives operations to ensure its requirements.
All those engaged in, supervision and control and audit of financial derivatives trading of staff should have a considerable degree of professional knowledge and experience. there must be to improve internal control system, ensure that the trading activities in accordance with the principles and procedures, and adequate supervision. companies which are stricter system will vary, but the following important programs is must consider the : business sector, departments and accounting systems for the account application, ensure that any financial derivatives transactions every
Insurance company shall be in financial derivatives business regular reports, report shall be clearly stated in the way of risks, should be fully quantitative and qualitative information. should be responsible for the assessment, monitoring and control, in financial derivatives transactions of the function of risk allocation of resources and be separate and business department. the insurance company shall have a set of internal audit scheme, the scheme to cover its financial derivatives and to ensure timely find out the internal control
可能不对~~~