GFI Securities Limited

Climate Impact & Sustainability Data (2023)

Increased female representation in senior management roles from 10% to 17% as of 30 September 2023, aiming for 25% by 2027.
Extensive programme of Early Careers, Work Experience and Internship initiatives focusing on diverse talent.
Mandatory diversity and inclusion training for all new joiners.

Established a robust governance structure with clearly defined roles and responsibilities across the board, board committees, and management committees.
Implemented a three lines of defense model for risk management and control.

Medium-term Goals:

Operational risks (inadequate or failed internal processes, people, and systems or from external events)
Legal risks (unintentional or inadvertent breaches of laws and regulations)
Conduct risks (harming client interests, market integrity and/or competition)
Credit and concentration risks (matched principal business resulting in credit risk concentrated in the financial sector)
Market risks (holding long and short inventory positions)
Liquidity risks (inability to meet funding and payment obligations)

Robust internal systems and controls to minimize breaches/failures.
Range of interconnecting risk and control methodologies embedded throughout the Firm for operational risk.
Consistent standards and delegated authority limits for credit and market risk.
Hedging of overnight positions for market risk.
ICARA process for liquidity risk assessment.
Daily management reports on liquidity position.

Frameworks Used: MIFIDPRU