MORNBFI Vol. 1 - Planters Development Bank

§ 4143Q.210.12.313. Recordkeeping and financialreporting functions, e.g., controller andchief accountant;4. Safekeeping of assets, e.g., chiefcashier;5. Risk management function, e.g., chiefrisk officer;6. Compliance function, e.g.,compliance officer; and7. Internal audit function, e.g., internalauditor.The spouse or a relative within thesecond degree of consanguinity oraffinity of any person holding theposition of manager, cashier, oraccountant of a branch or extensionoffice of a QB or their respectiveequivalent positions is disqualified fromholding or being appointed to any ofsaid positions in the same branch orextension office.(As amended by Circular No. 699 dated 17 November 2010)(Next Page is Part I - Page 37)Manual of Regulations for Non-Bank Financial InstitutionsQ RegulationsPart I - Page 36a