PCF Hiring Readiness Check
How ready is your firm to hire, replace or provide cover for a PCF?
Hiring for a Pre-Approval Controlled Function (PCF) is different from a normal senior appointment.
The role may need Central Bank approval. The firm has its own Fitness & Probity responsibilities. And when a key PCF leaves unexpectedly, the time required to identify, assess and appoint a suitable replacement can create a significant gap.
Nexus Search has created the PCF Hiring Readiness Check to help regulated financial services firms consider how prepared they are for those situations.
It takes around five minutes to complete and provides an immediate readiness result across five areas.
Important information
This is an informational self-assessment designed to help firms consider their PCF hiring and succession readiness. It is not legal, regulatory or compliance advice and does not assess or certify compliance with Central Bank of Ireland requirements.
The assessment has been developed with reference to publicly available Central Bank of Ireland materials. Firms should refer to the Central Bank of Ireland and their own legal, compliance or regulatory advisers regarding their specific obligations.