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CPD

Who, What and When?

An FSP, key individual and representative must-

(a) maintain the required competence to render or manage or oversee the financial services

for which the FSP, key individual and representative are authorised, approved or appointed;

(b) comply with the minimum CPD requirements.

CPD

Who, What and When?

CPD applies to all FSPs, key individuals and representatives, except:

  • a Category I FSP, its key individuals and representatives that renders financial services in Long-term Insurance subcategory A (1.1) and/or Friendly Society Benefits (1.19); and
  • a representative that is appointed to only to render financial services in respect of a Tier 2 financial product.
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