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GEN 7.6.7

In assessing the competence of an individual, an Authorised Firm must:

(a) obtain details of the knowledge and skills of the individual in relation to the knowledge and skills required for the role;
(b) take reasonable steps to verify the relevance, accuracy and authenticity of any information acquired;
(c) determine whether the individual holds any relevant qualifications with respect to the Licensed Function or Licensed Functions performed, or proposed to be to performed, within the Authorised Firm;
(d) determine the individual's relevant experience; and
(e) determine the individual's knowledge of the Authorised Firm's relevant systems and procedures with respect to the type of business that is to be, or is being, conducted by the individual on behalf of the Authorised Firm.