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DIRECTORS FIT AND PROPER POLICYCompany Registration No. 200608505W Malaysia Foreign Company registration No: 200902000048 (995221H)DIRECTORS FIT AND PROPER POLICY Version 1.0DIRECTORS FIT AND PROPER
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Gather the necessary information and documentation required for the application.
02
Complete the fit and proper assessment form accurately and honestly.
03
Include any relevant experience, qualifications, and skills that demonstrate your suitability as a director.
04
Provide details of any criminal convictions or regulatory breaches, if applicable.
05
Submit the completed form along with any supporting documents to the appropriate regulatory body.
Who needs directors fit and proper?
01
Individuals who are being appointed or currently serving as directors of financial institutions or other regulated entities typically need to undergo a directors fit and proper assessment.
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What is directors fit and proper?
Directors fit and proper refers to the assessment of whether a director has the necessary qualifications, experience, integrity, and competence to fulfill their role effectively.
Who is required to file directors fit and proper?
All directors of a company are required to file directors fit and proper.
How to fill out directors fit and proper?
Directors can fill out the fit and proper form online or submit a hard copy to the relevant authority.
What is the purpose of directors fit and proper?
The purpose of directors fit and proper is to ensure that company directors are suitable and capable of carrying out their responsibilities.
What information must be reported on directors fit and proper?
Directors must report their qualifications, experience, background checks, and any conflicts of interest.
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