Original Post: 12th April 2019. Updated: 7th August 2019. Complaints Management Companies will need to provide to the FCA, when and if asked, Compliance Procedures and Financial Crime policies. We have worked with a number of CMCs and have created the following for your use. Contents Compliance Procedures Manual – Around 92 pages 1. Introduction […]
Business conduct is in a bright and unforgiving spotlight. Treating Customers Fairly is not dead, it compliments the Conduct Risk agenda. Although much has been said about Conduct Risk from the regulatory perspective, less has been done to help firms address the issue coherently. In the absence of anything prescriptive from the FCA, firms need to define what conduct risk means for their business and determine how to take positive action to address this risk. While the primary driver for seeking the effective management of conduct risk is to secure commercial success, there are additional pressures stemming from the ever higher standards being demanded by regulators, both nationally and internationally.
Conflicts of Interest Course Outline Complete the form below to contact us! What Makes Compliance Consultant Courses Different We have been delivering training for over 20 years and this is one of our core competencies. We believe we are experts on this topic and having delivered training to a wide range of firms and […]
Fraud including Credit Card Fraud and Suspicious Transactions Course Complete the form below to contact us! What Makes Compliance Consultant Courses Different We have been delivering training for over 20 years and this is one of our core competencies. We believe we are experts on this topic and having delivered training to a wide range […]
Subject Access Reports Workshop and Adverse Media Risk Assessments for business and recruitment. Complete the form below to contact us! What Makes Compliance Consultant Courses Different Failure to file an appropriate SAR can lead to big trouble. But regulators also caution against filing unwarranted “defensive” SARs. Our experts provide practical advice for the high-wire balancing […]
We have extensive experience in training senior managers and other staff who are subject to the SM&CR (SMCR) and we have developed a range of training solutions to suit a wide variety of requirements. You will also gain access to a unique discount in our special offer promotion for a valuable aid to your implementation planning.
On the 4th July 2019: #FCA issues Dear CEO Letter to #EMoney & #PaymentServices firms on ‘Safeguarding arrangements of non-bank payment service providers’ and provide a #compliance report. The FCA report states that; The significant shortcomings we identified in firms’ safeguarding arrangements included: • poor understanding of which funds are relevant and should be segregated; […]
Quite simply put, if you are in sales, there is no way you should recommend anything to your client’s unless you can prefix it with “… because you said X and Y and Z, I recommend ABC …”
FCA authoriastion/registration application is a subject best assisted and supported by regulatory consultants. If you are attempting the process yourself, you will need to fully understand the requirements and definitions. The worst thing you can do is listen to those who think they know what is involved. Key documents that any firm will need, apart […]