Introduction to FCA Regulation - Up to Half-Day Workshop (typically)

Course description

This typically half-day workshop will provide participants with a comprehensive introduction to the principal elements of the regulatory environment for UK financial services firms. The course outlines the respective objectives and roles of the FCA and PRA and the key concepts of authorisation and approval. It also explains the ways in which the regulators supervise firms, and the powers available to regulators in the event that a firm, or an individual, breaches regulatory requirements. Finally, it provides an outline of the principal areas of financial crime.

Suitability - Who should attend?

This typically half-day workshop is designed for individuals who require an introduction to the regulated environment for UK financial services firms. The course is particularly suitable for start-ups, new managers, and other employees, taking up a position within an authorised firm for the first time.

Outcome / Qualification etc.

Successful completion of this half-day training programme will enable participants to:

Describes the current financial services regulatory regime in the UK.

Gain an understanding of the objectives of the FCA and PRA

Understand the requirements a firm and an individual in order to become, and remain, authorised/approved

Understand the reasoning behind the supervision regime

Have basic knowledge of the enforcement process, and know the main sanctions the regulators can impose following enforcement action

Become aware of the principal forms of financial crime

Training Course Content

This half-day workshop covers the following topics:

The Regulatory Structure

FCA & PRA - Objectives and Roles

Authorisation and Approval

Enforcement

Supervision

Financial Crime

BONUS: Using the FCA Handbook Overview Supplement