Compliancy Services rolls out approved persons programme for SRB firms

Compliancy Services has unveiled an approved persons training programme for sale and rent back (SRB) firms currently getting their procedures in place for full authorisation.

The programme has been established specifically for those who have never gone through the FSA senior management interview process to help ensure they are established as being fit and proper to undertake the role of an approved person within a fully authorised firm.

Claire Wilkinson, retail director at Compliancy Services, said: “It is important for firms to remember that the approved persons regime applies to full authorisation and senior management can expect to be interviewed by the FSA to establish that they are fit and competent to undertake the role of an approved person. This can be a somewhat daunting experience which is why we have developed this training programme which will also include a stringent mock interview process.