SMCR Conduct Rules - Examining Systems & Controls for Compliance

Introduction

The Conduct Rules should now be embedded within the culture of regulated organisations and behaviours of their staff; however, many firms have not created the systems and controls to measure the impact of the conduct rules.

The FCA have reminded authorised firms of the importance of embedding the rules properly, ensuring they are being adhered to by both senior managers and junior staff.

To mitigate the risk of regulatory sanction and meet their own regulatory obligations, senior managers must ensure their firms are maintaining appropriate evidence of adherence to the conduct rules and measuring the impact the rules have on individuals in the organisation.

This new virtual classroom seminar will explore the systems and controls which can be created to comply and is aimed at financial services staff with responsibility for implementing the conduct rules.

What You Will Learn

This live and interactive session will cover the following:

• The Senior Manager’s and Certification Regime
• Senior Management Functions, Prescribed Responsibilities, and the Duty of Responsibility
• The Conduct Rules (Tier 1 and 2)
• Training and reporting requirements
• Monitoring Adherence:
• Identifying breaches
• Taking appropriate action
• Regulatory concerns - what to do
• Reporting and other statutory obligations
• How to evidence compliance
• Measuring the impact:
• Setting the objectives
• Measuring performance and change
• Taking action
• How to evidence compliance

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.