PDCOB 16.12 Specific record-keeping requirements: prudential requirements

A firm must make a written record of the assessments required under PDCOB 13.8.4R. In particular, it must make a written record of:

1. (1)

   the major sources of risk identified in accordance with PDCOB 13.8.4R; and

2. (2)

   how it intends to deal with those risks.

A firm must retain the records of its assessments referred to in PDCOB 16.12.1R for at least 3 years.