Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 3 January 2018 - onwards
  Version 2 of 2    

Regulation 6 Processes applicable to prescribed script functions

A regulated firm shall ensure that the following conditions are satisfied where a prescribed script function is performed on its behalf:

(a) the criteria, script and routine are devised by a person who meets the standards set out in Section 1.3(a) of the Minimum Competency Code;

(b) the person performing the prescribed script function is -

(i) supervised by a person who meets the standards set out in Section 1.3(a) of the Minimum Competency Code, and

(ii) monitored to ensure that there is no breach of the requirements set out in Section 1.6 of the Minimum Competency Code;

(c) the person performing the prescribed script function has completed a training programme organised by the regulated firm which is relevant to the function to be exercised, or has obtained part of a relevant recognised qualification;

(d) the person performing the prescribed script function completes additional training on an ongoing basis, which is relevant to the function to be exercised, to keep the person's knowl

Comparing proposed amendment...