HR Responsibilities for FSA Regulation
| Course Code: |
4051 |
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| Dates: |
On a date of your choice |
| Venue: |
Central London |
| Course Fees: |
Available on application |
| CPD Credits: |
7 |
HR Responsibiities for FSA Regulation
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
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Session
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Content
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Development of the FSA rules governing people
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- 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
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| 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
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| Recruitment |
- Identify how to ensure suitability and competence
- Case study exercises
- Identify risks and risk controls
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| 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.
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HR related risks and risk controls
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- Syndicate exercise to identify risks
- Setting controls
- Devising key performance indicators
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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.