Document ID: chunk:federal_register_of_legislation:F2024L00996:schedule:4:p3
Version: federal_register_of_legislation:F2024L00996
Segment Type: schedule
Provision Reference: sch 4 (pt 3/3)
Character Range: 50217–51045

additional training.

remedial action includes client remedial action or other remedial action.
unprofessional conduct of a licensee includes the following kinds of conduct of the licensee:
     (a) conduct which amounts to impropriety affecting professional character and which is indicative of a failure either to understand or to practise the precepts of honesty or fair dealing in relation to retail clients or the public;
     (b) unsatisfactory professional conduct, where the conduct involves a substantial or consistent failure to reach reasonable standards of competence and diligence; and
     (c) conduct which is, or could reasonably be considered as likely to be, prejudicial to the interests of a financial services licensee or a credit licensee or retail clients,
and need not involve a contravention of any law.