Regulated Financial Service Providers other than credit unions;

The Fitness and Probity Regime applies to persons in senior positions, known as Controlled Functions (CFs) and Pre-Approval Controlled Functions (PCFs), within Regulated Financial Service Providers (RFSPs).

There are currently eleven prescribed CFs and 46 PCFs for RFSPs other than credit unions.

List of 11 Controlled Functions | pdf 41 KB List of 46 Pre-approval Controlled Functions | pdf 203 KB

Regulations designating CFs and PCFs:

Principal Regulations 2011 (S.I. No. 437 of 2011) | pdf 203 KB Amending Regulations 2011 (S.I. No.615 of 2011) | pdf 61 KB Amending Regulations 2014 (S.I. No.394 of 2014) | pdf 1653 KB Amending Regulations 2015 (S.I. No. 545 of 2015) | pdf 1385 KB

Statutory Codes:

Fitness and Probity Standards 2014 | pdf 758 KB Minimum Competency Code 2011 Guidance on Fitness and Probity standards 2018 | pdf 984 KB Fitness and Probity - Frequently Asked Questions 2018 | pdf 1111 KB