INDI Part S1.3 Guidance

Competency assessments for an individual who performs the non-executive governance function are likely to be less frequent than for an individual with a role in the firm's day-to-day activities. For example, his or her competency might be assessed through participation and assessment in executive coaching, board retreats and planning days or board peer review, or through membership of other boards and governing bodies.

Derived from QFCRA RM/2014-5 (as from 1st January 2015)