III APA Practice Test & Exam Prep | Ireland

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Which of the following is a mandatory requirement under the Central Bank of Ireland's Minimum Competency Code (MCC) for an individual providing advice on retail financial products?

They must hold a university degree in finance or economics They must hold a recognized qualification (e.g., APA or QFA) or be registered as a grandfathered/supervised person They must have at least five years of experience in a commercial bank They must obtain a license from the Irish Revenue Commissioners

Correct Answer:

They must hold a recognized qualification (e.g., APA or QFA) or be registered as a grandfathered/supervised person

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