The CPD obligation in credits is expressed in hours/points. In order to keep the registration as responsible person concerned, you must follow three hours of refresher training with a recognised training provider per credit intermediation activity per one-year period.
Exception: agents in ancillary position in consumer credits
The obligation with regard to CPD, and thus the first one-year period, commences on 1 January of the calendar year following the year of registration, appointment or designation of the person.
Persons who are in contact with the public must keep their professional knowledge up to date by following regular refresher training courses. The employer is responsible for preparing and implementing an annual and updated training plan.