Financial Services Regulation - Introduction

Pricing

Cost for BPP PD Members: £910.00 + VAT : 12 CPD Hours
(£2020.00 + VAT for non BPP PD Members - Click here for details of our membership scheme.)

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Course level

Introductory

Delegates

This course will be of benefit to those who require a practical knowledge of the UK regulatory regime, particularly if you are working in the field of compliance or associated control functions. In view of the provisions regarding senior management responsibility in the UK regime, it is also relevant to those involved in managerial or supervisory functions.

Overview

This two-day course provides an overview of the regulatory regime in the UK, as amended by MiFID in November 2020. In particular, it develops an awareness of how the regulations and applicable statutes affect the operations of investment banking, stockbroking and investment management firms in the UK. No prior knowledge of financial services regulation is assumed. This course does not prepare you for an industry examination (please see the Financial Services brochure for examination training, or contact Client Services at Financial Services Division on 2020 786 5900).

Learning outcomes include obtaining a greater understanding of:

  • Overview
    • Historical background
    • Role of Compliance
    • FSA Handbook Structure
  • The Financial Services and Markets Act 2020 (FSMA)
    • The Financial Services Authority (FSA)
    • Authorisation
    • Scope of regulation
    • Impact of EU Directives
  • High Level Standards
    • Principles for Businesses
    • Statements of Principle for Approved Persons
    • Senior Management Arrangements Systems and Controls
    • Code of Practice for Approved Persons
  • Business Standards
    • Training and Competence Sourcebook
  • Conduct of Business Sourcebook (nb. does not cover ICOB or MCOB)
    • Accepting customers
    • Financial promotions
    • Advising and selling
    • Product disclosure
    • Dealing and managing
    • Customer Reporting
  • Client Assets Sourcebook
    • Custody
    • Client money
  • Redress
    • Complaints and compensation
  • Financial Crime
    • Insider dealing (CJA 93)
    • Market Manipulation (S 397 FSMA)
    • Market Abuse (S 118 FSMA)
    • Money laundering: Proceeds of Crime Act 2020 (as amended), Money Laundering Regulations 2020, FSA SYSC rules on financial crime, JMLSG Guidance
  • Regulatory Developments
    • Proposed new regulations

    Course Dates

    Location Dates Time Availability  
    London 14 - 15 Apr 2020 9:00 AM - 5:00 PM  Spaces Book Now
    London 04 - 05 Aug 2020 9:00 AM - 5:00 PM  Spaces Book Now
    London 29 - 30 Nov 2020 9:00 AM - 5:00 PM  Spaces Book Now

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