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  • CPD

    • TC-1.2.1

      All individuals holding controlled functions in an Islamic bank licensee must undergo a minimum of 15 hours of CPD per annum.

      October 2013

    • TC-1.2.2

      An Islamic bank licensee must ensure that an approved person undertaking a controlled function undergoes appropriate annual review and assessment of performance.

      October 2013

    • TC-1.2.3

      The level of supervision should be proportionate to the level of competence demonstrated by the approved person. Supervision will include, as appropriate:

      (a) Reviewing and assessing work on a regular basis; and
      (b) Coaching and assessing performance against the competencies necessary for the role.
      October 2013

    • TC-1.2.4

      Supervisors of approved persons should have technical knowledge and relevant managerial skills.

      October 2013