INDI 5.2.4 Firm must comply with its training and competency programme

(1) An authorised firm must comply with the requirements and procedures in its training and competency programme and training and competency document as revised from time to time.
(2) The individual approved to perform the compliance oversight function for an authorised firm:
(a) must monitor, on an ongoing basis, the firm's compliance with its training and competency programme and training and competency document; and
(b) must report to the firm's governing body at least once a year about the firm's compliance with that programme and that document.
Derived from QFCRA RM/2014-5 (as from 1st January 2015)