Overview of the Conduct of Business Rules

Overview

The FCA’s Conduct of Business (COBS) rules impose detailed obligations on firms that carry out regulated investment business. This course provides an overview of the most important aspects of the rules, specifically client categorisation, communicating with clients (including financial promotions), suitability and appropriateness and best execution. Examples and case studies are used to ensure participants understand the practical application of the rules, as well as the potential implications of failure to meet the regulatory obligations.

Who is this for?

This course is designed for anyone working within with a firm that is subject to the COBS rules. It is particularly suitable for those responsible for managing or monitoring relevant business areas. This could include:

Senior Managers
Compliance Officers
Auditors
‘Front office’ staff such as Investment Advisers and Portfolio Managers

Learning Outcomes

After attending this course, participants will:

Know the principal areas covered by the Conduct of Business rules (COBS)
Describe the general application of COBS
Identify the significance of the ‘client’s best interest’ rule
Gain basic knowledge of the rules relating to the following:
- Client categorisation
- Inducements
- Information disclosure
- Financial promotions
- Suitability and appropriateness
- Client reporting
- Best execution

Delivery

Our interactive learning is delivered online, so all you need is an internet-connected device – we’ll do the rest.

We handle every part of the set-up process, from customising your individual Learning Management System (LMS), loading staff data, setting up a deployment and reminder schedule and reporting on progress.

In addition, administrators can also have access to all of these tools too, giving you the flexibility to be involved as much or as little as you prefer.

eLearning Previews

See examples taken from a range of our eLearning courses in the gallery below.