FP-1.3.3
Licensees must consider the person to have not met the criteria under FP-1.3.1 (a) whenever he displays one or more of the following:
(a) Has previously been convicted of any felony or crime related to honesty and/or integrity unless subsequently restored to good standing;
(b) Was the subject of civil or criminal proceedings or enforcement action, in relation to the management of an entity, or commercial or professional activities, which were determined adversely to the person and which reflected adversely on the person’s diligence, judgment, honesty or integrity;
(c) Has been an officer found liable for an offence committed by a body corporate where the offense was proven to have been committed with the consent, connivance, or neglect attributable to that officer;
(d) Has been refused the right or had restrictions placed on the individual’s right to carry on any trade, business, or profession requiring a specific license, registration, or other authorisation by law in any jurisdiction;
(e) Has been disqualified by a court, regulator, or other competent body from acting as a board director, manager or employee of a company in any jurisdiction; or
(f) Has been reprimanded, or disqualified, or removed by a professional or regulatory body in relation to matters relating to the person’s honesty, integrity or business conduct.
Added: March 2025