kaal:claim:5454054-036

Before launch, an LER program requires a defined governance package: classification memoranda, financial promotions review, data protection impact assessments, an MSB or EMI evaluation, and consumer terms and conditions.

Source quote, verbatim

This involves several key preparatory steps before launch: drafting classification memoranda, conducting reviews of financial promotions, performing data protection impact assessments (DPIAs),

From

Wulf A. Kaal, Liquid Equity Rewards (2025), Governance and Internal Controls, p. 28
https://ssrn.com/abstract=5454054 · source PDF

Cite as

Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054

Holds when

pre-launch stage of an LER program

Classification

normativesupport: arguedgovernance-designsystemic-risk

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