The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Review regulatory and licence requirements
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Analyse relevant regulatory requirements, regulator guidance, and organisational licence conditions and obligations Completed |
Evidence:
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Identify compliance requirements for provision of financial services by the organisation Completed |
Evidence:
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Analyse the alignment of the business unit or organisation with licence requirements Completed |
Evidence:
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Assess adequacy of staffing levels and skills for meeting licence requirements
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Review and analyse staffing levels of organisation or business unit against licence requirements Completed |
Evidence:
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Identify and review skills and knowledge required by staff to adhere to licence requirements Completed |
Evidence:
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Monitor staff performance metrics to identify areas where skills and knowledge of staff indicate concerns or potential breaches Completed |
Evidence:
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Escalate concerns or potential breaches where staff knowledge and skills create a compliance risk for the organisation Completed |
Evidence:
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Assess adequacy of IT systems for meeting licence requirements
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Review and analyse IT system metrics of organisation or business unit against licence requirements Completed |
Evidence:
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Monitor and analyse developments in cyber security and data privacy requirements Completed |
Evidence:
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Escalate concerns or potential breaches where IT systems create a compliance risk for the organisation Completed |
Evidence:
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Communicate to staff their responsibilities for ensuring that there are no breaches of regulatory requirements for protecting data in IT systems Completed |
Evidence:
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Monitor compliance with licence obligations
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Identify and assess implications of changes in business strategies of the organisation and priorities for the licence Completed |
Evidence:
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Assess implications of changes to licence obligations for business unit or staffing and IT systems of the organisation Completed |
Evidence:
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Monitor and evaluate alignment of staffing and IT systems of the organisation with licence requirements according to organisational timelines Completed |
Evidence:
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