Fit and Proper Policy

BSP as a listed company and licensed financial institution is subject to various regulatory requirements that require it to ensure that it is managed by sufficiently capable, fit and proper people.

This Policy ensures compliance with the Prudential Standards and is designed to provide stakeholders with clear direction on BSP’s fit and proper process. This includes responsibilities, the overall assessment process and what action to take should there be any concerns regarding the ongoing fit and proper status of directors and/ or senior management.