This introductory/intermediate workshop style course is suitable for both beginners as well as those wishing to hone up or refresh existing skills. The scale of regulation can seem both bewildering and confusing. This one day interactive workshop is designed to explain the process in clear and easy to follow steps. It starts with an overview of UK financial services regulation and compliance. It reviews the central pieces of UK legislation – the FSMA 2000 & Financial Services Act 2012 – including important secondary legislation. It also examines how the EU has influenced development, especially regulation & compliance and will continue to do so whilst Brexit discussions remain at what still seems to be a very early stage.
We will also discuss the role of the FCA in detail including the changes introduced by the Senior Managers Regime which is now live in the banking sector and will be extended to all regulated firms by 2019.
There will be an explanation of the workings of the FCA’s Handbook and regulatory processes. We will understand how to use the FCA website to research and analyse areas of the rules and their application in respect of UK regulation and compliance issues.
We will look at several important and topical areas of the regulatory framework and how these are being treated under current regulation & compliance requirements.
Syndicate exercises will be used where appropriate to reinforce and extend learning.
Your course director has spent more than 40 years in the banking and financial sector, much of it in a senior managerial/Director role. He is a former Institute of Banking Lecturer, having gained distinctions in the exams. He is a subject matter aspect on all aspects of retail, corporate and global banking, including risk management and regulatory compliance. He has lectured extensively to both leading global financial institutions and to smaller bespoke specialists. He has delivered extensive programmes in all parts of the world including the USA, Europe, MENA, Africa and Hong Kong. He is currently an accredited Master Trainer at the world’s biggest global bank.
What Redcliffe’s clients are saying about the course;
“Comprehensive cover of all relevant aspects in the regulatory functions”
“The Presenter was engaging and made the course relevant to my personal needs”
“Learning about the Senior Persons Regime, FSMA overview”
“The purpose of course was to understand more surrounding FCA regulations, really thought provoking and enjoyable”
|Training Course||Training Course Summary|
|Complaints Handling||The ability of retail consumers to be able to complain to financial services firms is regarded as being of the utmost importance by the FCA. In June 2016 a revised procedure was introduced scrapping the previous “24 hour” dispensation and replacing it with three days, plus a requirement to send a resolution summary and report the complaint.|
|Financial Promotions||The FCA expect all Financial Promotions for regulated activities to be clear, fair and not misleading and to provide the prospective client with the information needed to make a clear and balanced judgement.|