TC-1.1.5

Past version: Effective from 01 Jul 2010 to 30 Sep 2013
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An investment firm licensee must take reasonable steps to ensure that individuals holding controlled functions and appointed representatives are sufficiently knowledgeable about their respective fields of work to be able to guide and supervise operations that fall under their responsibilities. Competence must be assessed on the basis of experience and relevant qualifications described in Appendix TC-1 as a minimum. However, the CBB reserves the right to impose a higher level of qualifications as it deems necessary.

Adopted: July 2010