Preparing for the Senior Managers and Certification Regime

“We see personal accountability as fundamental to the future of financial services.”

‘Where next for investment and asset management regulation?’ September 2017, by Megan Butler, FCA’s Executive Director of Supervision - Investment, Wholesale and Specialists

The new Senior Managers and Certified Persons Regime when applied to investment firms will increase levels of exposure to personal risk. For many organizations, strategic change is needed to meet the new requirements. Join us for our half day course to help you benchmark your firm’s preparations for the new regime with what the regulators expect at this stage. All those who will become Senior Managers under the new regime need to ensure that they are adequately supported by able staff, and that their firms start to consider the regime’s likely impact. By participating, you will identify key risks and action points to ensure the effective implementation across your organization of the regime once it comes into force next year.

Who should attend

Senior Managers and those who support them including staff in Legal, Compliance, Human Resources and Operations roles

Please see below for a full overview of the session.

Speakers

Jane Walshe

Co-Founder & CEO, Enforcd

Key learning objectives and course outline

Key learning objectives

At the end of the session participants will be able to:

Describe the key elements of the regime
Asses how the regime applies to their role and their firm
Identify steps they need to take to ensure preparedness for the regime

Course outline

Background and origins of the Regime
Senior Manager Functions and Prescribed Responsibilities
The Statement of Responsibilities, and evidencing of ‘reasonable steps’
Conduct Rules and Code Staff, competence and capability
Supervision and Enforcement
The link between the new regime and the overall culture of the firm.
Practical steps towards effective preparation - Mapping changes to HR policies and procedures, including disciplinary procedures, onboarding and annual certification, and identifying dependencies with other parts of the business

Prices

Standard members' rate: £375 + VAT

Standard non-members' rate: £500 + VAT

Cancellations and refunds

Any cancellation must be made in writing. For any cancellation received 15-30 days prior to the course start date, 50% of the course fee is still payable. No refund is given for a cancellation made 14 days or less prior to the commencement of a course. Transferring from one course to another is treated as a cancellation. You can substitute one delegate for another at no additional cost. In this instance, please give two business days’ notice.