Guidelines
These guidelines apply to all licensed financial advisers and exempt financial advisers.
They provide guidance on some of the requirements in Notice FAA-N20 and set out:
- Measures to apply to representatives and supervisors with unsatisfactory gradings under the balanced scorecard framework.
- Measures for information sharing in respect of such representatives and supervisors during reference checks.
- Expectations on financial advisers to conduct pre-transaction checks by supervisors.
See also: FAQs on the Balanced Scorecard (BSC) Framework (150.4 KB)