Flashcards
D2: Competence
Cards in this deck (2)
- 1Employee must be assessed as competent to engage in or oversee activity or must be in supervision otherwiseEmployee must not deal with retail clients until they've passed regulatory module of an approved exam & have adequate knowledge and skill
- 2Supervisors of employees must also pass appropriate approved examRecords must be kept for 3 yrs non-MiFID firms, 5 yrs MiFID firms - from cessation of employment (indefinitely pension TV specialists)
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- Description
- CII - Level 4 Diploma R01 - Financial services, regulation, and ethics (C6: Principles & rules set out in reg. framework) Flashcards on D2: Competence, created by Mark Varela on 02/06/2014.
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- Mark Varela
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