International Financial Services Centres Authority (Employees' Service) Regulations, 2026 Chapter II APPOINTMENTS, PROBATION AND TERMINATION OF SERVICE
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Probationary service conditions set confirmation, discharge notice, and reversion consequences for direct recruits, contract staff, and promotees. Probation lasts two years for direct appointees and one year for promoted employees. The Chairperson may extend probation for unsatisfactory performance, ... Summary
Probationary service conditions set confirmation, discharge notice, and reversion consequences for direct recruits, contract staff, and promotees.
Probation lasts two years for direct appointees and one year for promoted employees. The Chairperson may extend probation for unsatisfactory performance, or reduce or dispense with it for recorded reasons. Successful completion ordinarily results in deemed confirmation. Direct recruits and contract-based employees may be discharged on prescribed notice or pay in lieu during probation. Existing employees selected through direct recruitment may be reverted to their previous grade without notice or pay where performance is considered unsatisfactory.
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