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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 December 2023 - onwards
Version 2 of 2

53H. Notification and training for persons subject to conduct standards.

(1) A regulated financial service provider shall for the purpose of ensuring compliance with the common conduct standards and additional conduct standards -

(a) notify persons performing a controlled function in relation to the regulated financial service provider of the common conduct standards and how they apply to a person performing that function,

(b) provide training to persons performing a controlled function in relation to the regulated financial service provider to ensure that such persons have appropriate knowledge of the common conduct standards and how they apply to a person performing that function,

(c) notify persons performing a pre-approval controlled function in relation to the regulated financial service provider or any other function by which the person may exercise a significant influence on the conduct of the regulated financial service provider's affairs of the additional conduct standards and how they apply to a person performing that function,

(d) provide training to persons performing a pre-approval controlled function in relation to the regulated financial service provider or any other function by which the person may exercise a significant influence on the conduct of the regulated financial service provider's affairs to ensure that such persons have appropriate knowledge of the additional conduct standards and how they apply to a person performing that function, and