Wednesday October 28, 2020

New rules could affect sales roles for bank staff

Bank staff who have taken career breaks or extended maternity leave may find themselves unable to work in sales roles when they return to work.

17th June, 2006

The country’s top banks have written to the Financial Regulator warning that new rules, which will take effect next year, could result in experienced staff being deemed unfit to sell loans and investment products.

The banks said the regulator needed to ensure that all long-serving staff with appropriate experience could avail of exemptions from the new rules.

The new regime will force all new entrants to the banking industry to pass exams and...

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