Back Custom print Link Text Only Rich Text Print

  • AU-2.4 AU-2.4 Condition 4: Board and Employees

    • AU-2.4.1

      As per Article 65(a) of the CBB law, those nominated to carry out controlled functions must satisfy CBB's approved person's requirements.

      October 2010

    • AU-2.4.2

      The definition of controlled functions is contained in Paragraph AU-1.2, whilst Chapter AU-3 sets out CBB's approved persons requirements. Applications for approved person status must be submitted using the prescribed approved persons form.

      October 2010

    • AU-2.4.3

      The licensee's staff, taken together, must collectively provide a sufficient range of skills and experience to manage the affairs of the licensee in a sound and prudent manner. Licensees must ensure their employees meet any training and competency requirements specified by the CBB.

      October 2010

    • AU-2.4.4

      The CBB's training and competency requirements are contained in Module TC (Training and Competency).

      October 2010