15 Oct 2019, London
9:30am to 16:30pm
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, the MiFID II will 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.
This practical one day course is designed to help those responsible for product management and compliance 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 Banks, Building Societies, Mortgage and Insurance firms.
This workshop uses a combination of trainer input, knowledge sharing with interactive syndicate work and case studies. Group size is kept to a maximum of 16 to facilitate sharing of experience amongst the delegates.
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.