Maintaining Competence
TC-2.2.7
An
insurance licensee must make appropriate arrangements to ensure thatcontrolled functions maintain competence.Added: October 2020TC-2.2.8
An
insurance licensee should ensure that maintaining competence for anapproved 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.Added: October 2020TC-2.2.9
An
insurance licensee may utilise theCPD schemes of relevant professional bodies to demonstrate compliance with 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.Added: October 2020