Governance

Risk Management Framework

Last updated: February 2026

1. Risk Governance

Montrock Ltd maintains an independent Risk Management function reporting to the Risk Committee and the Board. The risk management framework is designed to identify, measure, monitor, and control all material risks to the business.

2. Market Risk

Market risk arising from client trading activity is managed through real-time position monitoring, automated margin requirements, and hedging with regulated counterparties where appropriate. Risk limits are set and reviewed by the Risk Committee.

3. Credit Risk

Credit risk exposure is managed through client margin requirements, negative balance protection, and careful selection of banking and liquidity partners. Client funds are held in segregated accounts at tier-1 banking institutions.

4. Operational Risk

Operational risk is managed through robust policies, procedures, and internal controls. Key controls include segregation of duties, system access controls, reconciliations, and incident management processes.

5. Liquidity Risk

Montrock Ltd maintains adequate capital and liquidity buffers in accordance with FSC Mauritius requirements. The company's liquidity position is monitored daily with regular stress testing under adverse scenarios.

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