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Status: You are viewing the version of the handbook as on 2019-01-31.

SYSC 28.4 Record-keeping requirements

Record-keeping requirements

SYSC 28.4.1R

1A firm must:

  1. (1)

    establish, maintain and keep appropriate records to demonstrate compliance with this chapter; and

  2. (2)

    be in a position to provide to the FCA, on request, the name of the person responsible for the record-keeping requirement in (1).

[Note: article 10(8) last paragraph of the IDD]

SYSC 28.4.2R

1A firm must:

  1. (1)

    make an up-to-date record of the continued professional training or development completed by each relevant employee in each 12 month period;

  2. (2)

    retain that record for not less than 3 years after the relevant employee stops carrying on the activity; and

  3. (3)

    be in a position to provide any version of the record to the FCA on request.

[Note: article 10(2) second paragraph of the IDD]

SYSC 28.4.3R

1A firm must not prevent a relevant employee from obtaining a copy of the records relating to that relevant employee which are maintained by the firm for the purposes of SYSC 28.4.1R and SYSC 28.4.2R.