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RESERVE BANK OF FIJI FIT AND PROPER ASSESSMENT CHECKLIST APPOINTMENT OF DIRECTORS & KEY MANAGEMENT Name of Intermediary/Issuer: Name of Director: Date Assessed:RBF Assessment Criteria(i) Reputation,
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Who needs fit amp proper assessment?

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Fit and proper assessment is a process used to evaluate the qualifications, competence, and integrity of individuals in positions of responsibility, particularly in regulated industries, to ensure they are suitable to perform their roles.
Individuals in senior management, ownership, or key roles within regulated entities, such as financial institutions and insurance companies, are typically required to file a fit and proper assessment.
To fill out a fit and proper assessment, you generally need to provide personal information, professional qualifications, work history, background checks, and any disclosures related to bankruptcy, criminal records, or regulatory breaches.
The purpose of a fit and proper assessment is to protect the integrity of the financial system and ensure that only individuals with the appropriate qualifications and ethical standards hold positions of power and responsibility.
Information that must be reported includes personal identification details, educational background, employment history, professional qualifications, and any relevant legal or ethical issues.
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