1-Day Course: Senior Managers Regime (London, United Kingdom - November 16, 2018) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 27, 2018--The “Senior Managers Regime” training has been added to ResearchAndMarkets.com’s offering.
In March 2016 the first tranche of Senior Managers Regime ‘SMR’ for Banks and the Senior Insurance Managers Regime ‘SIMR’ for Insurance firms came into force. Both are key components to holding individuals within financial services to account and are designed to address the lack of trust in the Financial Services Sector following the 2008-2009 financial crisis.
The FCA have confirmed that the reset of the industry will be subject to the Senior Managers and Imbedded Certification Regime ‘CR’ by March 2018 as a replacement of the current Approved Persons regime.
Attending this one day course will give you an overview of what the regulator requires of senior managers and what this means to the firm as a whole. Learn about key considerations and actions, what needs to be done and the responsibilities to be adopted by those of significant influence within your firm.
Benefits of the course:Reduce the risks of breaching the new regulation Get a real-life perspective on the role of a regulated Senior Manager - The course will help you get a working understanding of the complex rules and give you a firm grasp on your responsibilities, and help you perform your role in a way that protects you and your firm from FCA sanctions. Protect you and your firm by identifying your high-risk activities - The course guides you through the practical application of the rules in a way that gives a better understanding of your business and the activities that are putting you at a greater risk.
Topics dovered during this training:The Senior Managers Regime - Regulation and requirements Implications for Senior Management The shape and structure of SMR Prescribed responsibilities The Certification Regime Fit and Proper requirements Day to day activities of regulated Senior Managers Conduct Rules Implications for the wider population of the firm Review actions taken by the FCA and PRA Review of the good and poor practices of firms that have implemented SMR Action planning - What actions are to be taken at each level within your firm
By the end of the course, delegates will be able to:Appreciate and understand the background to the requirements Understand the structure and shape of both the Senior Managers Regime and the certification regime Recognise the new Conduct Rules, who’s affected, the change in terminology the bring and their impact on your firm as a whole Understand Significant Influence Function Fit and Proper’ requires Learn how the regulator expects Senior Managers to behave Understand how normal’ business activities can lead to breaches Recognise the systems and controls necessary to support management of the firm
For more information about this training visit https://www.researchandmarkets.com/research/qp9chr/1day_course?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180927005335/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/27/2018 05:14 AM/DISC: 09/27/2018 05:14 AM