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A. Competence

1. VASPs shall establish and maintain policies and procedures to ensure that all members of the Board, Senior Management and Staff are suitably qualified in their relevant post. Criteria for such internal assessment shall include, but are not limited to—
  a. academic credentials;
  b. professional qualifications;
  c. professional experience;
  d. awards and honours received; and
  e. memberships of professional and service organisations.
2. The Board can only appoint to supervisory positions Staff with relevant experience and qualifications as may be reasonably expected taking into account the responsibilities of the role and the VA Activities of the VASP.