3.1.10

The risk rating is an assessment of the firm's level of risk exposure or probability of failure across a wide range of risk factors. It takes into consideration a number of broad risk groups, including:

(a) Financial Strength
(b) Liquidity
(c) Credit Risk
(d) Market Risk
(e) AML/CFT and Financial Crime
(f) Conduct Risk
(g) Operational Risk
(h) Corporate Governance
(i) Internal Control System
(j) Business Model Risk