Category: Regulation and Compliance
Course Level: Intermediate
Duration: 2 hours
Contact us for more information.This 2-hour workshop is designed to provide a fast-track review of the FSA’s Approved Persons regime and the specific application to Senior Managers.
It will focus mainly on recent FSA consultation and discussion papers, particularly the impact of MiFID on the Approved Persons regime under PS 07/3&4.
Objectives:
By the end of this workshop, delegates will have a more comprehensive understanding of:
- identifying the Controlled Functions in their firm
- understanding the responsibilities of Approved Persons and Significant Influencers in the firm
- their individual responsibilities to the firm and the FSA
- how the Code of Conduct and FSA Principles apply to them
- penalties for getting it wrong
- best practice for recruitment and assessing staff
- the risks of outsourcing
- PS 07/3&4 – impact on APER post-MiFID
Course content:
- Approved Persons
- Recruiting and promoting staff to Controlled Functions
- Training & Competence
- Identifying Significant Influencers
- Systems & Controls (SYSC)
- Enforcement and disciplinary processes
This course would be suitable for:
- Approved Person
- HR and training
- Senior managers
