Prudential Standards (1)
This Prudential Standard sets out minimum requirements for RSE licensees in determining the fitness and propriety of individuals to hold positions of responsibility. Its objective is to ensure that an RSE licensee prudently manages the risks posed to its business operations by having persons acting in responsible positions who are not fit and proper.
Prudential Standard SPS 520 Fit and Proper (SPS 520) sets out APRA’s requirements in relation to assessing the fitness and propriety of responsible persons of an RSE licensee. This PPG aims to assist an RSE licensee in complying with those requirements and, more generally, to outline prudent practices in relation to fitness and propriety. | File type: PDF | File size: 248.6 KB
This guidance assists with Responsible Persons reporting in D2A. | File type: PDF | File size: 148 KB
Reporting Standards (1)
This Reporting Standard sets out the requirements for the provision of information to APRA relating to the responsible persons of an RSE licensee. It includes Form SRF 520.0 Responsible Persons Information and associated specific instructions and must be read in conjunction with Prudential Standard SPS 520 Fit and Proper.