Regulatory Exams, Class of Business and Qualification deadlines
A reminder that supervised representatives who had a deadline that fell between 27 March 2020 and 30 November 2020 to comply with the Regulatory Exams, Class of Business Training and/or Qualification requirements have until 15 December 2020 to comply with the relevant requirement.
FSPs, KIs and Reps are reminded that they should be on track with achieving the required number of hours which evidences their continuous professional development (CPD) in the industry. For the 2020/2021 CPD cycle, an FSP, KI or a Rep that is authorised, approved or appointed to render or manage or oversee the rendering of financial services in respect of:
- a single subclass of business within a single class of business will be required to complete a minimum of 4 and a half hours of CPD activities.
- more than one subclass of business within a single class of business will be required to complete a minimum of 9 hours of CPD activities.
- more than one class of business will be required to complete a minimum of 13 and a half hours of CPD activities.
Although the deadline to meet the minimum number of required CPD hours is 31 May 2021 it is advisable that steady progress is made towards achieving the minimum number of CPD hours. Should you require more information on the various approved CPD activities that Masthead offers, please get in touch with us on firstname.lastname@example.org or contact your Masthead Compliance Officer.