Fit and proper assessments Streamlined fit and proper processes trust relieves the administrative burden of ‘fit and proper’ checks by automating key steps. It prompts individuals to complete their declarations online to evidence an individual's honesty, integrity, and reputation, competence, and capability and financial soundness. Managers are notified once declarations are submitted, facilitating the completion of timely assessments. Proactive compliance checks trust flags any missing or pending assessments, promoting teams to complete the required steps to stay compliant. Centralised record keeping trust consolidates all activities related to fit and proper assessments, making it easier to manage records for audits and regulatory reviews. trust will support your firms fit and proper assessment process, guiding staff members through declarations and notifying managers to complete timely, thorough assessments. This structured approach to fit and proper assessments helps firms ensure compliance with regulatory standards, while reducing the time and effort needed to complete these essential tasks prior to submitting the attestations that an individual is deemed FIT. SM&CR management module | 23
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