The Banking Standards Board (BSB) has issued a consultation on proposed guidance on dealing with the risks and issues that may arise when firms are assessing the fitness and propriety of their staff as required by the Certification Regime.

The draft guidance is intended to support the BSB’s Fitness and Propriety Assessment Principles by providing further good practice guidance in relation to principle 4 (establishing pass / fail criteria), and principle 5 (evidencing the fitness and propriety assessment).

The deadline for comments on the consultation paper is 29 September 2017.

View Banking Standards Board consultation – Certification Regime: certification risks and issues, 12 July 2017