WebPrinciple 1 ‐ Integrity GENERAL RULES 1. LICENSING OF CENTRE PARTICIPANTS 2. CONTROLLED AND DESIGNATED FUNCTIONS 3. CONTROL OF AUTHORISED PERSONS 4. CORE PRINCIPLES 4.1. Application 4.2. Principles for Authorised Persons 4.2.1. Principle 1 ‐ Integrity 4.2.2. Principle 2 ‐ Due skill, care and diligence 4.2.3. … WebAFSA Guiding Principles Regulation & the Market AFSA believes competition and innovation in the marketplace tend to reduce price, increase consumer choice and thus benefit consumers. AFSA believes that regulation should be a collaborative process between regulators and the parties directly impacted by the proposed regulations.
Culture within the Personal Insolvency Profession - AFSA
WebDec 15, 2024 · Non-executive directors dedicate a part of their time to overseeing the company, participating in management team meetings or board meetings. They add value by providing a broad perspective of the company’s issues and protecting the interests of shareholders. They are responsible for the following: 1. Performance review. WebIntegrity, honesty, and professionalism are of great significance in the way Reliable conducts its business affairs. We expect all employees, not just management, to meet the highest ethical standards in carrying out individual job responsibilities. blandine lehout
Fit and proper requirements for personal insolvency practitioners
Web2.4 The AFSA’s risk-based approach to enforcement is based on the following principles: a. Proportionality: The AFSA adopts a flexible approach to enforcement in keeping with its risk-based approach to regulation, focusing on reducing the risk of non-compliance wherever possible and applying its resources in the most efficient way; b. WebAFSA practice documents Integrity Principles for Trustees and Debt Agreement Administrators . While the Integrity Principles are broader than the fit and proper test, … WebThe Integrity Principles build on existing industry codes of conduct, setting a benchmark for industry best practice. These Principles will evolve over time with the industry, and will be regularly updated by the profession that owns them. For more … blandine longhi