Guidance Note 000b
General principles and the scorecard
This guidance note is issued in terms of paragraph 14.1 of Statement 000 of the FSC
that states that the Financial Sector Transformation Council shall, from time to time issue
Interpretive Guides / Guidance Notes / Practice Directives and Standards documents.
This document is intended to provide a definition of a competent person and a guide for
the Competent Person’s report on the Financial Sector Code.
For further information you can download the full document.