SCHEDULES

SCHEDULE 11U.K.Recognised professional qualifications

Part 2U.K.Requirements for recognition of a professional qualification

Requirement for theoretical instruction or professional experienceU.K.

7(1)The qualification must be restricted to persons who—U.K.

(a)have completed a course of theoretical instruction in the subjects prescribed for the purposes of paragraph 8, or

(b)have a sufficient period of professional experience.

(2)The reference in sub-paragraph (1)(b) to “a sufficient period of professional experience” is to not less than seven years' experience in a professional capacity in the fields of finance, law and accountancy.