AU-2.4 AU-2.4 Condition 4: Board and Employees
AU-2.4.1
Those nominated to carry out
controlled functions must satisfy the CBB'sapproved persons requirements. This rule is supported by Article 65 of the CBB Law.January 2013AU-2.4.2
The definition of
controlled functions is contained in Paragraph AU-1.5.2, whilst Chapter AU-3 sets out CBB'sapproved persons requirements.January 2013AU-2.4.3
The
licensee's staff, taken together, must collectively provide a sufficient range of skills and experience to manage the affairs of thelicensee in a sound and prudent manner.Licensees must ensure their employees meet any training and competency requirements specified by the CBB.January 2013