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  • Maintaining Competence

    • TC-2.2.7

      An Islamic bank licensee must make appropriate arrangements to ensure that approved persons maintain competence.

      October 2013

    • TC-2.2.8

      An Islamic bank licensee should ensure that maintaining competence for an approved person takes into account:

      (a) Application of technical knowledge;
      (b) Application and development of skills; and
      (c) Any market changes and changes to products, legislation and regulation.
      October 2013

    • TC-2.2.9

      An Islamic bank licensee may utilise the CPD schemes of relevant professional bodies to demonstrate compliance with Paragraph TC-2.2.1. In-house training, seminars, conferences, further qualifications, product presentations, computer-based training and one-to-one tuition may also be considered to demonstrate compliance with Paragraph TC-2.2.1.

      October 2013