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Fitness & Probity clearance checks
Fitness & Probity clearance checks Regulated Financial Service Providers (RFSP’s) will shortly have to certify that any person performing a controlled function (CF) complies with the Fitness and Probity Standards. Given the critical due diligence checks required...
Unlocking the Code: Examining conduct and actions that may undermine a person’s honesty, ethics and integrity.
As part of the Fitness and Probity regime regulated financial service providers (RFSP’s) will soon have to certify that anyone performing a controlled function (CF) complies with the Code issued under Section 50 of the Central Bank Reform Act 2010 (the Act). The...
FOCUS on Financial Soundness – What does it actually mean?
FOCUS on Financial Soundness – What does it actually mean? As part of the Fitness and Probity regime regulated financial service providers (RFSP’s) should not allow a person perform a controlled function (CF) or a pre-approval controlled function (PCF) unless the...
Fitness and Probity Regime changes from 31 December 2023
Enhanced measures for the Central Bank’s Fitness and Probity Regime from 31 December 2023 Following enactment of the Central Bank (Individual Accountability Framework) Bill 2022 on 9 March 2023, an important deadline is now looming in relation to changes that will...
How Outsourcing Risk Management Services Will Help Grow Your Business
Running a successful business is like juggling lots of balls in the air. One ball that often gets dropped is Risk Management. Let’s look at how support from a good Risk Management team can help keep all the balls in the air. 1. Know your customers Every business needs...
Has Your Legal Case Hit a Wall?
Three ways to overcome common legal case challenges: 1. Outsource Pre-Sue Enquiries In the current environment there is increasing merit in conducting due diligence enquiries before proceedings are even issued or served. Considering all the work that goes into...
FSQS Registered
Orion Risk has registered and qualified for FSQS, Third Party Risk Management and Compliance for the Financial Services Sector. FSQS (Financial Services Qualification System) is a community of financial institutions including banks, building societies, insurance...