Representatives and Approved Individuals
The five individual conduct rules, what makes someone fit and proper, the difference between AR and directly authorised firms, and who needs to be certified.
Representatives and Approved Individuals
Not all firms operating in financial services need to be directly authorised. The Appointed Representative regime allows firms to operate under the authorisation of a principal firm.
True or false?
Not all firms operating in financial services need to be directly authorised
Certification Regime
Fitness and Propriety
Appointed Representatives and the Approved Persons Regime
Which term matches: "firm that is not directly authorised but operates under a principal"
What does "Introducer AR" mean?
Type the term that means: "firm that is not directly authorised but operates under a principal"
Fill in the blank
______ — more limited; can only introduce clients, not give advice
Approved Persons and Controlled Functions
What the exam tests
The five individual conduct rules, what makes someone fit and proper, the difference between AR and directly authorised firms, and who needs to be certified.
True or false?
The five individual conduct rules, what makes someone fit and proper, the difference between AR and directly authorised firms, and who needs to be certified