Understanding the impact of Fit and Proper Requirements on FSPs, Key Individuals and Representatives in person training
At this seminar, we will delve into the details, explain the requirements and discuss the impact on FSPs, Key Individuals and Representatives.
On completion of this seminar you will:
- Be informed on the six new product categories that have been added.
- Understand the new definitions and concepts, such as product tiers, classes and subclasses.
- Know what it means for an FSP to be in “Good Standing” – an addition that forms part of the Honesty and Integrity requirements.
- Be informed of the changes and additions to the Competence requirements which include Qualifications, RE Exams, Experience Requirements, Class of Business Training, Product Specific Training and Continuous Professional Development.
- Understand the Operational Ability Requirements that have been added, specifically the Governance Framework which FSPs will now need to adopt, document and implement.
- Be aware of the important changes to the Financial Soundness requirements and new reporting requirements.
How will attendees benefit?
Walk away with a clear understanding of the Fit and Proper requirements, the gaps that exist within your FSP and the changes you will need to implement in your business.
In person training details
In person training registration
Various available dates and venues.
Register for this in person training →
