SP5 Revision Flashcards by Ioana Abrahams | Brainscape

Q

Securitisation

A

TBC

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Q

MBS

A

TBC

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Q

Outline the 8 main responsibilities of the board of directors.
(#LOAD SARA)

A

Main responsibilities of the board of directors.
(#LOAD SARA)

L: ensuring the company meets its Legal obligations
O: Overall direction of the company
A: Arranging for the Accounts to be produced
D: approving Dividend payments and proposing them to the shareholders

S: ensuring that the company remains Solvent
A: Appointing senior management and new board members
R: setting the Remuneration of senior executives
A: running an Audit committee to ensure that appropriate financial and risk controls are in place

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