The profile of the
group of consumers
at which the
regulated entity
aims a particular
investment product
Nature and Extent of the Risks
level, nature, extent, and
limitations of any
guarantee and name of guarantor
Product Launch
update product
information
at least annually
Provide update to
Intermediaries
provide ongoing facilities to
appointed intermediaries to
facilitate inquiry/info on
investment product
PRODUCT
PRODUCERS
ALL Investments products
N/A DEPOSIT
N/A Life Assurance Policy
FITNESS & PROBITY
CENTRAL BANK
imposed sanctions
Fitness & PROBITY Standards code
Specify standards that ALL-
CONTROL FUNCTIONS CFs
must comply
CFs
Advised to Consumer on
Retail Financial Products
must have qualifications and
Experience
Competence and Capacity
appropriate to relevant function
Demonstrate ability to perform CF role is
not adversely affected to a material
degree
is or was a sole
trader or a
director partner
in a firm
Refused
Prohibited
Suspended
Authorisation Revoked
Right to
carry on any
trade,
business,
profession in
any
jurisdicction
CF-2
CF-3
CF-4
CF-5
CF-6
CF-7
Involve the person acting in the direct management or Supervision of
those persons who act for the firm in roles CF-3, CF4, CF5 OR CF6
CF-8
Involve the person adjudicating on any complaint by a customer of
the firm in relation to the provision of a financial service, e.g.
Manager in charge of handling and deciding customers complaints
Involve the person determining the outcome of a claim
arising under a contract of insurance or reinsurance
Involved the person assisting the customer in the making of
a claim under a contract of insurance or reinsurance
Involved the person arranging, or offering to
arrange, a financial service for a consumer. e.g
Personal Financial Adviser
involved the person the person
given financial advice e.g
Financial Adviser
Ensuring, controlling or
monitoring compliance eg.
Compliance Manager