Amended Draft Proposals for Fit and Proper Requirements published

The Registrar of Financial Services Providers intends to repeal the current regulations and determining new fit and proper requirements for financial services providers, key individuals and representatives.

The proposed amendments, previously published on 17 December 2015, were considered in the light of comments received and, where appropriate, incorporated into the current proposed changes.

The three documents linked below were published on the FSB website on Saturday. We will comment in more detail in future articles.

Interested parties are invited to submit written submissions Please see the invitation below for more details.

The closing date for submissions is 15 December 2016.

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