FCA Compliance Refresher for Investment Firms

The price for this course: £48.00 inc. VAT

This course provides a refresher of key compliance concepts that relate both to the individual‘s employer and to the individual in a personal capacity.

The individual is also given guidance on the appropriate course of action to be taken when encountering compliance issues.

This module is suitable for anyone that works for a FCA-regulated Investment Firm, aside from Senior Managers (who should instead take the module ‘Compliance Refresher for Senior Managers at Investment Firms’.

Course Outline

Why financial services need to be regulated

Why do we need financial markets?
The UK Framework

The Financial Conduct Authority (FCA)
How does the FCA function?

Supervision
Enforcement
Rule making
Check your understanding
Key regulatory themes

High level principles
Culture and governance
Conflicts of interest
Senior management arrangements, systems and controls (SYSC)
Conduct of business
Resilience
Financial crime
Check your understanding
How does this affect me?

Culture and governance revisited
Conflicts of interest revisited
Financial crime revisited
Enforcement case studies
Check your understanding
A Final thought on personal obligations
How a firm implements the regulatory framework

Lines of defence
Role of the compliance function
Breach reporting
Check your understanding
Quiz
Conclusion

What you have learnt
Key points
Recap