We thereafter, collect yearly payment of a lump sum which covers mortgage repayment and interest elements for an agreed period of time ranging from (5years to 10years).
Ensure the employment contract has clear wording about the firm's confidentiality requirements and a clause that prohibits staff from competing against the firm, should they leave, for an agreed period.
If payment in full can not be made, then contact should be made with the compliance officer in the region to make arrangements for payment over a mutually agreed period.