HC-7.1.9
The compliance function staff must:
(a) Have the necessary qualifications, experience and professional and personal qualities to enable them to carry out their specific duties;
(b) Have a sound understanding of applicable laws, regulations and standards and their practical impact on the licensee’s business activities and operations; and
(c) Be subject to regular and systematic training to remain up-to-date with developments in laws, regulations and standards.
Added: July 2023