Key Details

Duration: 3 Hours Location: City of London Price: 499 GBP per person
Upcoming Dates: 20 Jun 2018,  25 Jul 2018,  06 Sep 2018,  15 Nov 2018

Overview

Holders of Senior Management Functions (SMFs) and Significant Influence Functions (SIFs) within authorised firms have specific responsibilities under the regulatory regime. It is vital that individual senior managers understand the obligations that apply to their firm, and to them personally, and the potential implications of breaching FCA and PRA rules,...

Holders of Senior Management Functions (SMFs) and Significant Influence Functions (SIFs) within authorised firms have specific responsibilities under the regulatory regime. It is vital that individual senior managers understand the obligations that apply to their firm, and to them personally, and the potential implications of breaching FCA and PRA rules, including their personal liability.

The primary requirements placed on senior managers are contained in the "Senior Management Arrangements, Systems & Controls" (SYSC) sourcebook of the FCA Handbook, which has been significantly revised with the implementation of MiFID II. This course explains the principal obligations under MiFID II and explores the steps individual senior managers need to take to ensure that their firms meet the regulatory requirements.

Who is this for?

This course is designed for holders of Senior Management and Significant Influence Functions in authorised firms, and those who advise them on their regulatory obligations. It is particularly suitable for those taking on such a role for the first time.

This could include:

  • Chief Executives
  • Directors
  • Non-Executive Directors
  • Senior Managers
  • Compliance Officers

• Introduction
• Regulatory Framework
• Approved Persons and the SMCR
• Enforcement Action
• SYSC and MiFID II
• Corporate Governance:

    • Management
    • Competence
    • Compliance
    • Complaints
    • Risk Management
    • Outsourcing
    • Conflicts of Interest


      After attending this course you will:

      • Understand the principal responsibilities of senior managers, and other approved persons, under the regulatory regime.
      • Know the main purposes of the SYSC sourcebook and where it fits in the FCA Handbook.
      • Have knowledge of the principal areas covered by SYSC, and the obligations imposed by MiFID II
      • Understand the potential implications of a breach of regulatory obligations.