TC 2.6 Maintaining competence

A firm should ensure that maintaining competence for an employee takes into account:

1. (1)

   technical knowledge and its application;

2. (2)

   skills - their application and development; and

3. (3)

   changes in the market and to products, legislation and regulation.

A firm should maintain systems for monitoring an employee's competence.

A firm should, for the purposes of TC 2.8.1 R (Record keeping), make and retain records of:

1. (1)

   the criteria applied in assessing continuing competence; and

2. (2)

   how the employee continues to be competent.