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26th june 2019 – Managing Capital Adequacy Risk

Time: 9:30am to 11:30pm

Cost: £299 + VAT

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

Course Overview:

The ever-increasing focus by the Regulators on capital adequacy and the accountability of Senior Management, particularly when things go wrong, emphasises the importance of individuals in senior Management positions having a clear understanding:

  • of what is expected of them as holders of Significant Influence Functions,
  • of how the firm’s financial and regulatory reporting processes ensure compliance with the relevant obligations, and
  • at a level of detail appropriate to understand and challenge the work done by internal resources and/or outsourced service providers, of relevant prudential requirements and capital calculations.

This course is designed to assist Senior Management to embed a compliance ethos in the individual and a strong compliance culture throughout the firm.

Course Objectives:

  • The ability to demonstrate to the FCA your understanding of the current capital adequacy rules and the Senior Management responsibilities
  • The knowledge you need to achieve and evidence compliance with those responsibilities
  • The skills to identify actions that may need to be taken to address any gaps in capital adequacy assessment, monitoring and compliance
  • The ability to ensure that procedures are in place for identification, assessment and mitigation of capital adequacy shortfalls

Key Topic:

  • Senior Management, Systems & Controls (SYSC) specific to capital adequacy
  • Introduction to the Prudential framework: where do the rules come from
  • Prudential categories: which firms are subject to which rules
  • Reporting framework: what you need to submit to the regulator, and when
  • Capital framework: how monitor and assess capital requirements and resources
  • Liquidity framework: how monitor and assess capital requirements and resources

Course aimed at: any individuals who are working or are seeking to work in a regulated environment.

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

If you would like to discuss your training requirements in more detail, please contact Graham Dix on 020 3141 9546 or your usual ACA consultant.