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    <title>Appointment of Principal Officer and Compliance Officer</title>
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    <description>Trust and Company Services Providers must appoint a Principal Officer and a Compliance Officer. Both officers must be based in an International Financial Services Centre and engaged as full-time employees. Each appointee must hold a professional or postgraduate qualification in finance, law, commerce, or a related field. The Principal Officer must additionally have at least five years&#039; post-qualification experience in financial services activity. Existing Compliance Officers may be redesignated only where prescribed minimum requirements are satisfied.</description>
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