CPA Ireland may authorise practising members to conduct investment business that is incidental to their practice business.
The Investment Business Regulations applicable to Investment Intermediaries are outlined in
Bye Law 14.
The IB review of your firm, will examine the following areas;
• Nature of investment business activities
• Minimum Competency requirements (CPD)
• Commissions, income from IB activities
• Investment business files for client
• Financial statements for the practice
There are two possible outcomes from this review;
| Grade |
Action |
| Satisfactory |
No follow up action necessary. |
| Not satisfactory |
Follow-up action will be required within a specified period (1 to 3 months) to address areas of weakness identified. |
For further guidance on IB authorisation and requirements click
here.