SYSC 28.4 Record-keeping requirements

1A firm must:

1. (1)

   establish, maintain and keep appropriate records to demonstrate compliance with this chapter; and

2. (2)

   be in a position to provide to the FCA, on request, the name of the person responsible for the record-keeping requirement in (1).

[Note: article 10(8) last paragraph of the IDD]

1A firm must:

1. (1)

   make an up-to-date record of the continued professional training or development completed by each relevant employee in each 12 month period;

2. (2)

   retain that record for not less than 3 years after the relevant employee stops carrying on the activity; and

3. (3)

   be in a position to provide any version of the record to the FCA on request.

[Note: article 10(2) second paragraph of the IDD]

1A firm must not prevent a relevant employee from obtaining a copy of the records relating to that relevant employee which are maintained by the firm for the purposes of SYSC 28.4.1R and SYSC 28.4.2R.