The Capital Markets (Commodity Markets) Regulations

13. Committees of the board and audit committee

Edition: 2022-12-31 · In force

(1)The board of a commodity exchange shall establish relevant committees to deal with the following functions of the commodities exchange—

(a)audit;

(b)nomination;

(c)risk management;

(d)finance; and

(e)information technology.

(2)Notwithstanding paragraph (1), the Board may establish other committees to deal with any other relevant functions of the commodities exchange.

(3)The committees of the board shall have written terms of reference which set out their authority and duties.