Where information regarding policies orand procedures is toprovided beas provided,part of an application, an applicant shall ensure that the policiesapplication or procedures contain or are accompanied by each ofincludes the following items:
(a)((a)) an indication ofthat the personBoard approves the policies, that the senior management approves the procedures and that the senior management is responsible for the approvalimplementation and maintenance of the policies and procedures;
(b)((b)) a description of how the communication of policies and procedures within the applicant is organised, how compliance with the policies and procedures will be ensured and monitored,monitored on a day to day basis, and the person or persons responsible for compliance in that regard;
(c)any records indicating that employed and dedicated staff are aware of the policies and procedures;
(d)((c)) a description of the measures to adopt in the event of a breach of policies and procedures;
(e)((d)) an indication of the procedure for reporting to ESMA any material breach of policies or procedures which may result in a breach of the conditions for initial registration.