1.4.1 A new entrant shall be taken to comply with these Standards where he or she participates in a training process that includes the following requirements:
a) Initial training
The new entrant must first undergo a training programme organised by the regulated firm on whose behalf the new entrant is acting, which is relevant to the function to be exercised, or have obtained part of a relevant recognised qualification for that particular function.
b) Supervision
i) The new entrant must act under the immediate direction and supervision of another nominated person, who is a qualified person or a grandfathered person in respect of the particular function being carried out by the new entrant.
ii) The new entrant must ensure that all documentation relating to advice on or arranging or offering to arrange retail financial products or specified functions is checked and signed off by a person who is a qualified person or a grandfathered person in respect of the function being carried out until
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