What is my role as a company director throughout the application process? Do I have to participate personally in every step?

As a director of the applicant company, you are ultimately responsible for the entire project and are legally accountable for the success of the application and the company's future compliant operations. Your core role is to make decisions and provide resources. You need to make key decisions, such as approving the budget, selecting the premises and appointing the RP. You must also ensure that sufficient resources are provided to support the establishment of a fully compliant operating system. During the application process, you do not necessarily need to handle every technical detail personally, such as completing forms or drafting SOPs; these tasks may be delegated to professional consultants such as us. However, your involvement is necessary at certain key stages, such as when developing the overall application strategy with us and when reviewing and signing the application documents. In addition, although uncommon, in certain special circumstances the PPB may wish to meet with company directors to understand their commitment to the business and awareness of the importance of compliance.