Do I have to take CPD in crédit intermediation?

As intermediary/natural person & effective leader de facto in charge

To maintain your registration as a concerned responsible person, you must provide proof of a total of 3 CPD hours per credit intermediation activity and per 1-year period with a licensed training organiser.

Exception: agents in ancillary position in consumer credits

• type 1 (credits intended for goods and services that they sell themselves): no CPD required
• type 2 (credits that are also for goods and services sold other than own sales): 3 CPD hours only for the person responsible for distribution and the persons in contact with the public.

The obligation with regard to CPD, and thus the first one-year period, starts on 1 January of the calendar year following the year of registration, appointment or designation of the person.

As from 1 January 2024, at least 1/3 of the total of 3 CPD hours per credit intermediation activity and per year must consist of 'sector-specific' CPD hours if you are required to take CPD training in 2 or more regulated activities. So in that case, you must obtain at least 1 sector-specific CPD hour per credit intermediation activity and per year. The remaining 2 CPD hours per credit intermediary activity and per year can be filled in at your own choice, either 'general' or 'sector-specific'.

If you are registered in only 1 regulated activity, you may submit unrestricted general and/or sector-specific CPD hours.

As a PCP - Person in contact with the public

Persons who are in contact with the public must keep their professional knowledge up to date by following regular CPD training courses. The employer is responsible for preparing and implementing an annual and updated global training plan.

Other questions in this category

• Am I subject to the examination obligation in credit intermediation?