Masthead continuously strives to communicate with the regulator to ensure that the position of financial advisors is understood. Toward the end of 2015, the FSB released the first proposed amendments to the fit and proper requirements for financial services providers, their key individuals and representatives and Masthead submitted comment to the FSB early in 2016. During 2016, Masthead continued to participate in the FSB’s consultation process and has submitted further comments in response to the revised fit and proper requirements published by the FSB in October 2016.
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