4.10.1 Initial Training Goals

- Individual to be fully trained in all areas relevant to their job criteria;
- Individual to be fully briefed with regards to his/her responsibilities;
- Individual to know and understand the main features, benefits, limitations and risks of the different types of products they advise on;
- Individual to know the main requirements and correct order of the Sales Process i.e.
- terms of business, KYC and reasons why documentation;
- Individual to be able to accurately identify the consumer’s attitude to risk;
- Individual to understand the statutory, legislative and regulatory frameworks
- applicable to them including money laundering, data protection etc.;
- At the conclusion of initial training, there will be an assessment of the individual’s understanding of all key requirements, skills and knowledge levels.