The Commission has been mandated, under 131E of the CCCF Act, to issue ‘fit and proper’ certification.

On 20 February 2020, we released a consultation paper seeking public opinion on these recent amendments in specific relation to:

  • Fit and Proper’ assessment criteria (Section 131F) – the information required by the Commission to assist in its determination of ‘fit and proper’
  • Change in circumstances (Section 131R) – the requirement of a certified person to notify the Commission about any prescribed changes in circumstance that may affect their ‘fit and proper’ certification.

Read more information on the Fit and Proper Person certification here.

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