ADVANCED

Financial Promotions

Financial Promotions

Frequency: Bi-Monthly  

Duration: 2 hours

Location: Cordium UK offices, 130 Jermyn Street, London, SW1Y 4UR

Cost: £299 + VAT

Course Overview:

The Regulator’s objectives include ensuring that firms operate in their client’s/customer’s best interest, including treating them fairly and communication with their clients in a clear, fair and not misleading way.

Therefore, if you advertise your products and services in any way your firm is likely to be on the Regulator radar.

This course is designed to explain, in a clear and practical way, what the rules are and what needs to be done to achieve and maintain compliance with them.

Course Objectives:

  • Describe the link between the FSA Statutory Objectives the “Fin Prom” Rules
  • Explain the main concepts in the FSA’s regulation of Financial Promotions
  • Apply the rules to any financial promotions you produce
  • Create and retain appropriate records
  • Benchmark your current arrangements

Key topics:

  • How the FCA Objectives; High Level Principles and the obligations on Senior  Management are indelibly linked
  • The focus on Systems & Controls
  • The “Competent Employee” Rule
  • The Approved Persons (APER) Regime
  • Impact on client take-on
  • The Suitability and Appropriateness Rules
  • Firms that got it wrong: Regulatory Enforcement
  • The difference between a good and a bad sales call
  • Record Keeping

Course aimed at: Senior Management, CF30s, Marketing, Sales and Compliance

Maximum numbers: 12

This course can also be delivered as an onsite course or as an instructor lead course at a firm’s office.