IFSQ

AcronymDefinition
IFSQInstitute for Software Quality (Netherlands)
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References in periodicals archive ?
The QFC Regulatory Authority censures IFSQ under Article 58 of the Financial Services Regulations for the following:
IFSQ managed clients' investments causing it to breach the scope of its authorisation, in contravention of Article 11(2) of the Qatar Financial Centre Law;
IFSQ's record-keeping systems were not adequate in ensuring that client files contained appropriate historical records of client communications and IFSQ failed to keep appropriate records of client communications, as required under rule 6.2.6 of the General Rulebook;
IFSQ's corporate governance processes and senior management personnel failed to ensure that its affairs were managed effectively, in contravention of Rule 2.1.3 of the Principles Rulebook (PRIN); and
IFSQ failed to ensure that it had effective systems and controls in place, including risk management systems and adequate human and technological resources, in contravention of rule 2.1.4 of PRIN.