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PER 011 Fit and Proper Policy FIT AND PROPER AND BANKING EXECUTIVE ACCOUNTABILITY REGIME POLICYDocument number: Status: Sponsor: Approver: First published: Date of Committee approval: Date of Board
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Fit-proper-and-banking-executive-accountabilty-regime is a regulatory framework that ensures individuals holding key positions in financial institutions are fit, proper, and accountable for their actions.
Senior executives and key personnel in banking and financial institutions are required to file fit-proper-and-banking-executive-accountabilty-regime.
Fit-proper-and-banking-executive-accountabilty-regime forms can typically be filled out online through designated regulatory authorities or financial institution portals.
The purpose of fit-proper-and-banking-executive-accountabilty-regime is to ensure that individuals in key financial positions have the necessary qualifications, integrity, and accountability to perform their roles effectively and responsibly.
Information such as personal details, qualifications, experience, and any potential conflicts of interest must be reported on fit-proper-and-banking-executive-accountabilty-regime forms.
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