| Handbook reference | Matter to be notified | Contents of notification | Trigger event | Time allowed |
|---|---|---|---|---|
| TC 2.1.31 R | Notifications - issues relating to the competency and behaviour of retail investment advisers. | (1) Information about any circumstances relevant to the issue; and (2) information about any steps which a firm has taken or intends to take to rectify the position or prevent any future potential occurrence. | Becoming aware, or having information which reasonably suggests that any of the following has occurred or may occur, and the event is significant: | As soon as reasonably practicable. |
| (1) a retail investment adviser, who has been assessed as competent for the purposes of TC 2.1.1 R, is no longer considered competent for the purposes of TC 2.1.1 R; | ||||
| (2) a retail investment adviser has failed to attain an appropriate qualification within the time limit prescribed by TC 2.2A.1 R (1); | ||||
| (3) a retail investment adviser has failed to comply with APER or, as applicable, COCON; and | ||||
| (4) a retail investment adviser has performed an activity in TC Appendix 1 before having demonstrated the necessary competence for the purposes of TC 2.1.1 R and without appropriate supervision. | ||||
You are viewing TC Sch 2 Notification requirements as of . TC Sch 2 Notification requirements was last updated on 10/12/2018.
TC Sch 2 Notification requirements
10/12/2018G