WebFitness and Propriety, which is available on the Authority’s website. The areas covered by this questionnaire may not be exhaustive of the matters that the Authority will consider in … Web3 mei 2024 · Insurance and reinsurance undertakings shall have procedures in place to identify deteriorating financial conditions and shall immediately notify the supervisory …
FIT 1.3 Assessing fitness and propriety - FCA Handbook
Webn individual is fit and proper to act in the proposed capacity. The Authority reserves the right to seek additional information where necessary. All convictions (with the exception of … WebAssessable roles for licence applicants and regulated entities include controllers, directors, the chief executive, principal control officers and managers. The assessment considers the integrity, competence and financial standing of the … cumulative mass balance
Fit and Proper Criteria for Approved Person - BNM
Web8 dec. 2024 · There are 2 tiers of conduct rules which apply to all firms. The first is a set of general rules that apply to most employees and directors in a firm. The second set of … WebWhat is Fit and Proper? The Financial Services Board, now called the Financial Sector Conduct Authority (FSCA), published Board Notice 194 of 2024 in December 2024, introducing several amended Fit and Proper requirements that Financial Services Providers (FSPs), Key Individuals and Representatives must meet. WebMatters involving “Fit and Proper” Requirements 3.3 In order to be granted a licence or renewal of a licence to be a licensed insurance intermediary referenced in paragraphs … cumulative mass distribution