TC-2.1 TC-2.1 Training and Supervision
TC-2.1.1
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licensee must annually determine the training needs of individuals undertakingcontrolled functions . It must develop a training plan to address these needs and ensure that training is planned, appropriately structured and evaluated.October 2010TC-2.1.2
The assessment and training plan described in Paragraph TC-2.1.1 should be aimed at ensuring that the relevant
approved person maintains competence in thecontrolled function . Training does not necessarily just imply attendance of courses. An individual can develop skills and gain experience in a variety of ways. These could include on the job learning, individual study, and other methods. In almost every situation, and for most individuals, it is likely that competence will be developed most effectively by a mixture of training methods.October 2010TC-2.1.3
The training plan of
licensees must include a programme for continuous professional development training ("CPD ") for their personnel.October 2010TC-2.1.4
Approved persons may choose to fulfil theirCPD requirements by attending courses and seminars at local or foreign training institutions.October 2010TC-2.1.5
The annual training needs assessment required under Paragraph TC-2.1.1 must also consider quarterly updates, if any, to the CBB Volume 5 (Specialised Licensees) Rulebook, in areas relevant to each
controlled function .October 2010TC-2.1.6
Individuals holding the
controlled functions ofcompliance officer and MLRO at alicensee must undergo a minimum of 15 hours ofCPD per annum.October 2010TC-2.1.7
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licensee should ensure that anapproved person undertaking acontrolled function undergoes appropriate review and assessment of performance.October 2010TC-2.1.8
The level of review and assessment should be proportionate to the level of competence demonstrated by the
approved person . Review and assessment should take place on a regular basis and include coaching and assessing performance against the competencies necessary for the role.October 2010TC-2.1.9
Assessors of
approved persons should have technical knowledge and relevant skills, e.g. coaching and assessment skills.October 2010
