HR Responsibilities for FSA Regulation

Course Code:	4051
Dates:	On a date of your choice
Venue:	Central London
Course Fees:	Available on application
CPD Credits:	7

HR Responsibiities for FSA Regulation

Open events
of interest to
HR Professionals

T&C under the new FSA requirements

Meeting FSA expectations of SIFs

It’s a convenient and warming thought to be able to delegate all FSA related matters and responsibilities to Compliance, but the reality is somewhat harsher. As an HR professional you too have regulatory responsibilities that are quite onerous and extend into the core areas of your day to day remit.

You are the first gate keeper. You will have the first opportunity to vet applications and applicants for significant roles in your organisation. You have the responsibility for setting and monitoring core competencies with senior management and Compliance. Are you up to speed on what this means to you and your role on a day to day basis?

Our HR Responsibilities for FSA Regulation one day workshop will bring you up to speed on everything you need to know. Contact us to arrange an in-house workshop for your whole HR team. To discuss your requirements or for further information contact us on 020 3170 5779 or email info@ctp.uk.com

HR Responsibilities for FSA Regulation Course Outline

This intensive one-day workshop provides you, the HR professional, with important information about the implications for the HR function in meeting HR Responsibilities under the FSA’s requirements.

The financial services regulator has recognised the fundamental risks arising from the management of people at a corporate level and these requirements extend to:

• Creating and communicating clear structures, reporting lines and job descriptions
• How people are remunerated
• Recruitment processes
• Training to ensure they are, and remain competent

Who should attend?

You if you're responsible for key HR activities within an FSA regulated firm including:

• Employee benefits
• Recruitment
• Training
• Administration and record keeping

How delegates will benefit

This workshop will help you to:

• Explain the various elements of the FSA’s sourcebooks that fall naturally to the HR function
• Explore ways of delivering and implementing suitable policies
• Identify key risks arising from people management and how to control them
• Understand the FSA’s approach to regulation
• Understanding the need for Compliance

Recent comments

"I found the course hugely beneficial and gained further understanding of the FSA regulations' impact on HR"

"All of the workshop was highly useful!"

Training approach

A highly interactive event with case studies and syndicate exercises that prompt debate on how the FSA rules apply to you and work alongside Employment Law. Maximum delegates 15.

Your Tutor

See our portfolio of Management Development tutors

Programme

Session	Content
Development of the FSA rules governing people	How the rules apply to different roles The legal standing of these rules versus employment law Review the development of the concept of Approved Persons, their recruitment, fitness and propriety. Review the High Level Standards and the reasons for their creation Understand the responsibilities of HR in achieving compliance with these requirements.
Fitness and propriety	Review the contents of the FIT Sourcebook Understand the role of HR as the overseer of Fitness and Propriety What happens when the F&P of an individual is in doubt? Syndicate exercise
Senior Management Arrangements, Systems and Controls	Review of the contents of the SYSC Sourcebook Identification of key controls operated by HR Syndicate exercise on examples where Control has failed The importance of role profiles and reporting lines Record keeping
Recruitment	Identify how to ensure suitability and competence Case study exercises Identify risks and risk controls
Setting Competence Requirements	Identify the populations covered the Training and Competence Regulations. Examine the key elements of a T&C regime Syndicate exercise: setting competence standards Record keeping requirements Evidencing initial and on-going competence, the CPD regime.
HR related risks and risk controls	Syndicate exercise to identify risks Setting controls Devising key performance indicators

See our related HR Responsibilities article that recently appeared on Thomson Reuters here

Available as an in-house programme. To discuss your requirements or for further information contact us now on 020 3170 5779 or email info@ctp.uk.com

Corporate Training Partnerships - Championing Compliance

Booking

If you are interested in booking this course, or if you have any questions, please call call us on 01327 858307.

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““The review of our T&C scheme carried out by CTP really tested our controls and showed us how to make the approach more efficient in a practical and business focused context.”
- Liz Cameron, Head of Direct Sales Compliance, Scottish Widows
“Very timely, excellent content, covered a lot in a short time.”
- by Nicky Christofides, Head of Compliance at GE Money
“CTP provided us with a versatile range of training services from e based testing to technical modules and skills training for our advisers and sales management. They work quickly to satisfy deadlines and think creatively to achieve sustainable results. ”
- Ian Lockhart, Sales Operations Director, Scottish Widows
“I would recommend this event on Understanding Insurance Accounting to anyone new to the insurance industry whether or not they are proficient in financial accountancy. ”
- David Statham, Group Internal Auditor, IGI Insurance
“Role play situations really helped to put the theory of the course into an understandable context that I could relate to.”
- Countrywide
“An excellent industry focused overview of the subject pitched at the right level for all attending. We took value from the day as a team.”
- Barclays Insurance Services Ltd
“Good structure, content and pace of learning”
- Group Compliance Manager, Clarke Roxburgh
“An excellent all round briefing with detail and in depth exploration where necessitated”
- Tim Sierwald, Audit Manager, Assurant Solutions
“The session really made me think about the how to apply the theory of Risk Based Management. Lots of great thought provokers and break out sessions were extremely useful. ”
- Anna Mansbridge, Business Quality Technician, Allianz Cornhill
“We commissioned CTP to undertake a competency review. They listened well, spoke our language, took time to understand our needs and provided a workable solution in a cost effective manner.”
- John Moffatt, Compliance Director, Riverstone
“Pitched at appropriate level with good mix of tell and activity based learning”
- Legal & General
“A difficult subject communicated effectively and in a relaxed manner. Thank you.”
- S J Fisher, Managing Director, Colemans
“CTP have a thorough understanding of the "regulation" … but more importantly the ability to … translate it into company process efficiently and with the minimum of fuss.”
- John Constable, Head of People Development, JLT Risk Solutions Ltd
“A very succinct and highly knowledgeable explanation and presentation of the subject”
- Duncan Howorth, Managing Director, JLT
“CTP very quickly got to grips with our requirements and tailored the course to meet our needs. We had a fantastic dialogue going with our management group. ”
- MD, Assurant Solutions
“CTP's training gave me a vital opportunity to consider the Arrow 2 process and has given me a head start in preparing for this important business event ”
- Simon McCulloch, Business Development Director, Countrywide
“The trainer had superb knowledge of our company, our industry, the regulator and communicated in 'plain English'. There was no jargon. An excellent day! ”
- Ceara Joyce, Head of Risk with Profits, Legal and General
“I found this event of great benefit. Trainer is fantastic. One of, if not the, best courses I have ever been on. Thank you so much.”
- Rensburg Sheppards
“This was fantastic - I would not hesitate to go on another of these courses in the future. Thoroughly recommended. Very good -knowledgeable & approachable”
- Harsa Charman, Liverpool Victoria
“Excellent course, useful practical tools given”
- Co-operative Bank
“Essential event for anyone attending an FSA ARROW visit meeting”
- James Cooper, Financial Controller, Locktons
“Very knowledgeable course leader who used his practical experience well.”
- By Derek Wood, Compliance Manager at Skandia UK
“Useful consideration of the compliance function in the round. Some good reminders and food for thought to help benchmark where our complaince function is.”
- By David Lingwood, Group Compliance Officer, IGI Insurance Co Ltd
“Corporate Training Partnerships have carried out two major projects for us involving consultancy, project work and training of a group of our managers. We were very happy with the results of their work which are standing the test of time.”
- Karen Martin, HR and Communications Director, Britannic Assurance
“I would strongly urge senior managers in the insurance industry to attend this course which really prepares you for FSA interviews.”
- Paul Williams, regional Managing Director, Folgate (Towergate)

Corporate Training Partnerships Ltd, London Office: 60 Lombard Street, London, EC3V 9EA. Tel: 0203 1705779
Milton Keynes Office: Suite 1:20, Second Floor, Norfolk House East, 499 Silbury Boulevard, Milton Keynes, Buckinghamshire, MK9 2AH Tel: 01908 488170

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