Gen Z Company Limited has been authorized as an FSP after meeting all fit and proper requirements by the FSCA. Will Gen Z Company Limited be required to continue to meet any fit and proper requirements after their initial authorisation?

Question

Gen Z Company Limited has been authorized as an FSP after meeting all fit and proper requirements by the FSCA.   Will Gen Z Company Limited be required to continue to meet any fit and proper requirements after their initial authorisation?

Answer

No, Only KIs and Representatives are required to continue to comply with fit and proper requirements after authorisation.

Answer

Yes, FSPs, Representatives, and KIs are required to continue to comply with fit and proper requirements.

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Gen Z Company Limited has been authorized as an FSP after meeting all fit and pr...

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