FSP Editor has been involved in academic Financial Services for the past 15 years.
What is a passing mark in a Class of Business training course
Is there a legislated COB Pass Mark?
Not at the moment.
The legislation states that:
An FSP must ensure that it, its key individuals and representatives are proficient in respect of, understand, and have completed adequate and appropriate class of business training and product specific training relevant to, the particular financial products in respect of which they render financial services or manages or oversees the rendering of financial services.