Fit and Proper Criteria for Senior Officers: Commission Exercises Discretion in Assessing Fitness and Propriety
The [Commission] has outlined strict guidelines for assessing the fitness and propriety of senior officers in a recent statement. The criteria aim to ensure that only the most capable individuals hold senior positions, taking into account a range of factors including honesty, integrity, reputation, competence, and capability.
Eligibility Criteria
To be eligible for a senior officer position, applicants must meet certain criteria:
- Academic Qualifications: A minimum level of academic achievement is required, with a diploma in a relevant field being the bare minimum.
- Experience: A minimum of seven years’ experience in a relevant field can also be considered as an alternative to academic qualifications. In exceptional cases, additional training may be required to ensure that the individual is better equipped to perform their duties.
- Relevant Experience: Senior officers must have a minimum of five years’ experience working in a relevant field.
General Skills
In addition to education and experience, senior officers must also possess the following general skills:
- Effective communication
- Strong organizational skills
- Familiarity with human resources policies
- Ability to adapt to stressful situations
- Capacity to comprehend complex information
Supporting Evidence Required
Applicants for senior officer positions must provide supporting evidence, including:
- Copies of their academic qualifications
- Relevant certifications
- Other documentation
The Commission reserves the right to request certified copies of these documents if necessary. Regulated persons are advised to submit certified copies where possible to facilitate a timely processing of applications.
Organisational Structure and Job Description
Applications for senior officer positions must also include:
- A clear job description outlining the duties and responsibilities attached to the position
- An organisational chart detailing the structure of the organisation
The Commission’s guidelines are designed to ensure that only the most suitable individuals hold senior positions, and that these individuals are equipped with the necessary skills and knowledge to perform their duties effectively.