22 and 23 June 2022, remote delivery
9:30am to 12:45pm each day.
The FCA has placed 'conduct risk', and product development and governance issues in particular, at the heart of its focus and activity as a regulator and is determined to take a proactive and interventionist approach. Accordingly, it is particularly important firms can provide evidence of appropriate control over the product development process and so avoid the possibility of the regulator using its new powers of intervention.
On top of this, MiFID II enshrined the same product development regime into European Law in early 2018 and this is a theme that regulators worldwide now have firmly on their agenda. The FCA’s Consumer Duty proposals will introduce additional obligations to UK firms, not least in terms of Management Information.
This practical course is designed to help those responsible for product management and compliance in investment firms make sure their product development and ongoing oversight framework and procedures meet FCA requirements in this critical area of conduct risk.
Specifically, attending will help you:
This focused course will benefit anyone with Product Development, Governance, Oversight or Compliance responsibilities in a FCA regulated firm offering investment products.
his course will be delivered via a real time slide sharing and live audio visual platform, accessible by desktop computer, laptop, tablet or smart phone. Class size is limited to ensure a high quality and interactive learning experience.
Adam Samuel is a compliance specialist and lawyer who has spent much of the last 20 years advising firms from major banks to small one-man firms on conduct related issues. Qualified as a lawyer on both sides of the Atlantic and proud holder of an AFPC and CISI compliance diploma, Adam wrote the only major book on financial services complaint handling in 2005. His expert evidence on investment risk and compliance has been accepted by the English High Court and the Gibraltar Supreme Court.
Session |
Aim | Content |
---|---|---|
Introduction |
To review the regulator's interest and approach to the product development process and identify the key areas of concern |
|
Product oversight and governance |
To know how to evidence effective oversight of the firm's products |
|
The product development process |
To identify best practice approaches to product development from concept to launch |
|
Distribution |
To consider the issues regarding responsibility and control in product distribution |
|
Making effective use of MI |
To determine what information is commercially useful and what is a regulatory requirement |
|
Post-sale oversight: into the future |
To demonstrate ongoing responsibility throughout the product lifecycle |
|
This course can be delivered in-house at a time and location to suit your business and tailored to suit your people and organisation. We can also create bespoke training when something very specific is needed.Please contact us to discuss your requirements in more detail and at no obligation.