2011 Table 1 - Financial services, regulation and ethics pages 4 to 7
|
|
- Nelson Griffin
- 6 years ago
- Views:
Transcription
1 Financial services, and ethics (R01) Wizard Learning Financial services, and ethics Online Multimedia Course contents Gap covered as per the FSA gap fill template from final RDR rules (PS11/01) from January Table 1 - Financial services, and ethics pages 4 to 7 Gaps listed in the CII gap fill tool (as at September 2011) - these were taken by the CII from the FSA consultation document NOTE - as the final gap fill template covers additional areas we recommend that if you are using the CII gap filling tool that you consider filling the additional gaps that have been added. Understand the UK financial services industry in its European and global context Chapter 1 The UK financial services industry in its European and global context Learning outcome 1: Understand the UK financial services industry in its European and global context. 1.1 Introduction to the UK Financial Services industry in its European and global context 1.2 The function and operation of financial services within the wider economy 1.3 The role and structure of the UK and international markets 1.4 The role of the EU and the UK Government 1.5 The role of Government Understand the UK financial services industry in its European and global context * Role and structure of the UK and international markets, key participants * The impact of the EU on UK * The role of government economic and industrial policy,, taxation and social welfare * The function and operation of financial services within the wider economy LEARNING MATERIAL: 4,300 words; 36 minutes of audio & audiovisual presentations; 4 test your knowledge questions; 8 questions in the final Understand how the retail consumer is served by the financial services industry Chapter 2 How the retail consumer is served by the financial services industry Learning outcome 2: Understand how the retail consumer is served by the financial services industry 2.1 Introduction 2.2 Obligations towards consumers and their perceptions of financial services 2.3 Consumers main financial needs and how they are prioritised 2.4 Budgeting 2.5 Managing debt 2.6 Borrowing 2.7 Protection 2.8 Retirement planning 2.9 Savings and investment 2.10 Estate planning 2.11 Tax planning 2.12 Introduction to how the consumer s financial needs are met 2.13 Mortgages and loans 2.14 Protection policies 2.15 Retirement planning - pensions 2.16 Savings and investment products Section Types of fund 2.18 Savings and investment products Section Estate planning mitigating IHT 2.20 Introduction to National Insurance and State benefits 2.21 State benefits LEARNING MATERIAL: 29,900 words; 47 minutes of audio & audiovisual presentations; 15 test your knowledge questions; 31 questions in the final Understand how the retail consumer is served by the financial services industry * Obligations towards consumers and their perception of financial services * Consumers main financial needs and how they are prioritised: managing debt; budgeting and borrowing, including house purchase; protection; saving and investing; retirement; estate planning and tax planning * How those needs are met: mortgages and loans; life and health insurance; savings and investments; State benefits; the main types of pension provision
2 Understand legal concepts and considerations relevant to financial advice Understand the legal concepts and considerations relevant to financial advice Understand the legal concepts and considerations relevant to financial advice Chapter 3 Legal concepts and considerations relevant to financial advice Learning outcome 3: Understand legal concepts and considerations relevant to financial advice 3.1 Introduction 3.2 Legal identity 3.3 Law of contract and capacity 3.4 Law of agency 3.5 Property ownership 3.6 Powers of Attorney 3.7 Law of succession 3.8 Insolvency and bankruptcy 3.9 Use of Trusts LEARNING MATERIAL: 29,600 words; 65 minutes of audio & audiovisual presentations; 8 test your knowledge questions; 16 questions in the final * Legal persons and power of attorney * Basic law of contract and agency * Ownership of property * Insolvency and bankruptcy * Wills and intestacy * Use of trusts: the main types of trusts and their uses; how to create and administer trusts 15: use of trusts 16: the main types of trusts and their uses 17: the creation and administration of trusts Understand the of financial services Understand the of financial services Understand the of financial services Chapter 4: The of financial services Learning outcome 4: Understand the of financial services 4.1 Introduction 4.2 Roles of the authorities 4.3 Financial Services and Markets Act 2000 (FSMA) 4.4 Role of the European Union 4.5 Other Regulators 4.6 Additional Oversight LEARNING MATERIAL: 3,300 words; 5 test your knowledge questions; 10 questions in the final * The role of the Financial Services Authority (FSA), HM Treasury and the Bank of England market * The role of other regulating bodies such as the Competition Commission, the Office of Fair Trading, the Pensions Regulator, the Information Commissioner * Financial Services and Markets Act (FSMA) 2000, other relevant legislation * The role of EU and relevant Directives * Additional oversight senior management, trustees, auditors, external compliance support services 1: additional oversight - senior management, external compliance support services 2: FSMA : role of the FSA, Treasury and the Bank of England in regulating markets
3 Understand the FSA s responsibilities and approach to Chapter 5.1 The Financial Services Authority responsibilities and approach to Learning outcome 5: Understand the FSA s responsibilities and approach to & 5.1 Explain the FSA's statutory objectives and how it is structured to achieve these objectives 5.1 Introduction 5.2 The FSA 5.3 The FSA s statutory objectives 5.4 FSA scope and powers 5.5 FSA supervision and the risk-based approach 5.6 Financial stability and prudential Understand the FSA s responsibilities and approach to * Statutory objectives and how the FSA is structured to achieve these: powers and activities; financial stability and prudential ; powers to deal with financial crime; financial capability National Strategy * Risk-based supervision, discipline and enforcement, sanctions to deal with criminal activities Understand the FSA s responsibilities and approach to 4: statutory objectives and how the FSA is structured to achieve these 5: financial stability and prudential LEARNING MATERIAL: 3,600 words; 5 test your knowledge questions; 10 questions in the final Chapter 5.2 The Financial Services Authority Handbook Learning outcome 5: Understand the FSA s responsibilities and approach to & 5.2 Explain the main principles and rules in the FSA handbook 2/5.1 Introduction 2/5.2 Block 1 The main regulatory obligations for firms and individuals 2/5.3 Block 2 Prudential Standards (PRU) - The prudential requirements for firms 2/5.4 Block 3 Business standards - General requirements of firms 2/5.5 Block 4 Regulatory processes Operation of authorisation, supervision and discipline 2/5.6 Block 5 Redress Complaints and compensation 2/5.7 Other FSA handbook material 2/5.8 Other regulatory and legislative material LEARNING MATERIAL: 8,500 words; 9 test your knowledge questions; 14 questions in the final asses * The FSA Handbook the main principles and rules: the High Level Standards; Prudential Standards; Business Standards - Conduct of Business (COBS), rules for dealing with client assets, Market Conduct code, Training and Competence; Regulatory Processes - authorisation, supervision, approved persons, significant influence functions, controlled functions, appointed representatives 6: regulatory processes, significant influence functions Apply the principles and rules as set out in the regulatory framework Chapter 6 Principles and rules as set out in the regulatory framework Learning outcome 6: Apply the principles and rules as set out in the regulatory framework 6.1 Introduction 6.2 Authorisation 6.3 Approved persons and controlled functions 6.4 Record keeping, reporting and notification requirements 6.5 Training and Competence 6.6 Money Laundering 6.7 Data Protection 6.8 Complaints rules and procedures 6.9 Compensation rules and procedures Apply the principles and rules as set out in the regulatory framework * Regulated activities and authorisation requirements * Approved person and controlled function responsibilities * Record keeping, reporting and notification requirements * Professionalism and the training and competence requirements * Anti money laundering and proceeds of crime obligations * Data protection including data security * Complaints procedures and responsibilities to consumers * The Financial Ombudsman Service (FOS) * The Financial Services Compensation Scheme (FSCS) LEARNING MATERIAL: 9,000 words; 8 test your knowledge questions; 16 questions in the final
4 Apply the regulatory advice framework in practice for the consumer Apply the regulatory advice framework in practice for the consumer Apply the regulatory advice framework in practice for the consumer Chapter 7 The regulatory advice framework Learning outcome 7: Apply the regulatory advice framework in practice for the consumer 7.1 Introduction 7.2 Regulated advice standards Section Regulated advice standards Section Client relationships and adviser responsibilities Section Client relationships and adviser responsibilities Section Monitoring and reviewing clients plans Learning material: 8,900 words; 16 test your knowledge questions; 12 questions in the final * Client relationships and adviser responsibilities: types of clients, fiduciary relationship duty of care, confidentiality, primacy of clients interests, clarity of service provision and charges, status disclosure including terms of business and client agreements, execution only, limitations to own authority or expertise, referrals to and relationships with relevant specialists, clients cancellation rights * Regulated advice standards * Monitoring and reviewing clients plans and circumstances and taking account of relevant changes 13: client relationships and adviser responsibilities, fiduciary relationship - duty of care, confidentiality, primacy of clients' interests 14: taking into account relevant changes when monitoring and reviewing clients' plans and circumstances Understand the range of skills required when advising clients Chapter 8 Client advising skills Learning outcome 8: Understand the range of skills required when advising clients 8.1 Introduction 8.2 Communicating 8.3 Fact finding 8.4 Identification of needs and possible solutions 8.5 Assessment of affordability and suitability 8.6 Recommendations and reports Understand the range of skills required when advising clients * Communicating clearly, assessing and adapting to the differing capabilities of clients * Gathering information, and analysis of client s needs and circumstances, reaching conclusions and making appropriate recommendations LEARNING MATERIAL: 4,500 words; 5 test your knowledge questions; 10 questions in the final Apply the Code of Ethics and professional standards to business behaviours of individuals. Learning outcome 11. Critically evaluate the outcomes that distinguish between ethical and compliance driven behaviours Chapter 9 The FSA s use of principles and outcomes based to promote ethical and fair outcomes Learning outcome 9: Understand the FSA s use of principles and outcomes based to promote ethical and fair outcomes 9.1 Introduction 9.2 FSA Principles for Businesses 9.3 Corporate culture and leadership 9.4 Main regulatory obligations for individuals Understand the FSA s use of principles and outcomes based to promote ethical and fair outcomes * The Principles for Business and the discretionary obligations these place on firms * Corporate culture and leadership * The responsibilities that rest with approved persons and the need for integrity, competence and fair outcomes for clients, including dealing with conflicts of interest Understand the FSA s use of principles and outcomes based to promote ethical and fair outcomes 7: the FSA's use of outcomesfocused to promote ethical and fair outcomes 8: the responsibilities that rest with approved persons and the need for integrity, competence and fair outcomes for clients, including dealing with conflicts of interest LEARNING MATERIAL: 2,200 words; 3 test your knowledge questions; 6 questions in the final
5 Apply the Code of Ethics and professional standards to business behaviours of individuals. Critically evaluate the outcomes that distinguish between ethical and compliance driven behaviours Chapter 10 Ethics and professional standards Learning outcome 10: Apply the Code of Ethics and professional standards to business behaviours of individuals. Learning outcome 11. Critically evaluate the outcomes that distinguish between ethical and compliance driven behaviours 10.1 Introduction 10.2 Ethics in financial services 10.3 Ethics into practice 10.4 Evaluation and outcomes 10.5 Ongoing engagement with stakeholders LEARNING MATERIAL: 3,800 words; 4 test your knowledge questions; 8 questions in the final Apply the Code of Ethics and professional standards to business behaviours of individuals. Critically evaluate the outcomes that distinguish between ethical and compliance driven behaviours * The over-arching Code of Ethics * The professional principles and values on which the Code is based * Identifying ethical dilemmas * The steps involved in managing ethical dilemmas * Typical behavioural indicators positive and negative * The outcomes which may result from behaving ethically for the industry, the firm, individual advisers and consumers * The outcomes which may result from limiting behaviour to compliance with the rules for the industry, firm, individual advisers and consumers Apply the Code of Ethics and professional standards to business behaviours of individuals. Critically evaluate the outcomes that distinguish between ethical and compliance driven behaviours 9: the overarching code of ethics 10: the professional principles and values on which the code is based 11: identifying and managing ethical dilemmas 12: the outcomes that may result from behaving ethically and unethically for the industry, the firm, individual advisers and consumers
UK Financial Regulation Certificate for Financial Advisers (CeFA) and Certificate in Mortgage Advice and Practice (CeMAP ) Module 1 Syllabus
UK Financial Regulation Certificate for Financial Advisers (CeFA) and Certificate in Mortgage Advice and Practice (CeMAP ) Module 1 Syllabus Learning Outcomes Unit 1 Introduction to Financial Services
More informationQUALIFICATION GAP FILL ACTIVITIES Q & H1 2012
QUALIFICATION GAP FILL ACTIVITIES Q4 2011 & H1 2012 This document shows available gap fill options for the gaps not covered by the CFP certification and Fellowship. Calibrand offers a gap fill exam option
More informationUNIT 1: THE INVESTMENT ENVIRONMENT V.13 TESTED FROM 1 DECEMBER 2015
INVESTMENT MANAGEMENT CERTIFICATE UNIT 1: THE INVESTMENT ENVIRONMENT V.13 TESTED FROM 1 DECEMBER 2015 UNIT AIMS By the end of this unit, learners should be able to demonstrate: An understanding of the
More informationJanuary Table 3 - Personal taxation pages 13 and 14
Personal Taxation (R03) Wizard Learning Personal taxation Online Multimedia Course contents Gap covered as per the FSA gap fill template from final RDR rules (PS11/01) from January 2011 www.fsa.gov.uk/smallfirms/your_firm_type/financial/pdf/gap_fill_template.pdf
More informationand trends relevant to financial protection
Financial Protection (R05) Wizard Learning Financial Protection Online Multimedia Course contents Gaps listed in the CII gap fill tool (as at January 2011) - these were taken by the CII from the FSA consultation
More informationApEx19 Managing Investments
ApEx19 Managing Investments Summary of Learning Outcomes SUMMARY OF LEARNING OUTCOMES APEX8 THE UK FINANCIAL SERVICES INDUSTRY ApEx8 THE UK FINANCIAL SERVICES INDUSTRY Level Candidates will be expected
More informationV0215 Copyright Comply
An Introduction to Financial Conduct Authority (FCA) Regulation V0215 FCA Regulation Module Objectives Welcome to the training module for an introduction to the Financial Conduct Authority Regulation for
More informationRegulating financial services
Report by the Comptroller and Auditor General The Financial Conduct Authority and the Prudential Regulation Authority Regulating financial services HC 1072 SESSION 2013-14 25 MARCH 2014 4 Key facts Regulating
More informationRegulation & Compliance for UK Financial Services This course is presented in London on: 02 March 2018, 11 October 2018
Regulation & Compliance for UK Financial Services This course is presented in London on: 02 March 2018, 11 October 2018 The Banking and Corporate Finance Training Specialist Course Objectives Participants
More informationMONTHLY REGULATORY UPDATE JANUARY 2017
MONTHLY REGULATORY UPDATE JANUARY 2017 6 February 2017 The following is a summary of the pronouncements issued since our last regulatory update for the financial services sector issued on 3 January 2017.
More informationAIST GOVERNANCE CODE. AIST Governance Code
AIST GOVERNANCE CODE AIST Governance Code 2017 Foreword The profit-to-member superannuation sector stands proudly by our record of achieving superior net returns on the retirement savings of our members.
More informationUK financial services, regulation and ethics
UK financial services, regulation and ethics At the end of this unit, candidates should understand the: purpose and structure of the UK financial services industry; different financial asset classes and
More informationMinimum Competency Code 2011 Addendum for Debt Management Services
2014 Minimum Competency Code 2011 Addendum for Debt Management Services Table of Contents Introduction 2 Definitions 3 Part 1: Fitness and Probity Standards (Minimum Competency) 4 Part 2: Minimum Competency
More informationFinancial Services Authority
Financial Services Authority FINAL NOTICE To: Of: Sett Valley Insurance Services 18 Market Street New Mills High Peak Derbyshire SK22 4AE Date: 27 January 2010 TAKE NOTICE: The Financial Services Authority
More informationTypical Training Duration 10 to 12 months
New Zealand Certificate in Financial Services (Level 5) with strands in Financial Advice; Investment; Life and Health Insurance; General Insurance; Residential Property Lending; Personal Lending; Banking;
More informationDFSA Annual Supervision Outreach Breakout Group #1 Conduct of Business Risks. 25 June 2018
DFSA Annual Supervision Outreach Breakout Group #1 Conduct of Business Risks 25 June 2018 Breakout Group 1 - Agenda Opening Comments - Lawrence Paramasivam General Issues & Trends - Hend Al Budoor & Maryam
More informationStrengthening individual accountability in insurance: SIMR, conduct rules and approved persons
UPDATE: November 2015 Strengthening individual accountability in insurance: SIMR, conduct rules and approved persons Summary The PRA and FCA have published a number of policy statements and consultation
More informationAppendix 1: Milestones
FSA Annual Report 2012/13 163 : Milestones To help measure delivery against our key priorities outlined in the Business Plan, we set out specific milestones and report publicly on our progress against
More informationClient Agreement & Terms and Conditions for Business
Client Agreement & Terms and Conditions for Business Important Information Defined Terms Account means the account you open with us in connection with the provision of the Services, and which is accessible
More informationTERMS OF BUSINESS WITH AUTHORISED INTRODUCERS
TERMS OF BUSINESS WITH AUTHORISED INTRODUCERS These Terms of Business set out the nature of the relationship between the Company and the Introducer and the terms on which the Company will accept business
More informationFreedom & Choice in Pensions: The Government s Response and FCA Guidance Guarantee Consultation
July 2014 Freedom & Choice in Pensions: The Government s Response and FCA Guidance Guarantee Consultation Following their consultation on the Budget 2014 pension reforms, HM Treasury have now set out its
More informationThe Company will automatically categorise all Clients as a Retail Clients as notified to the Client within the Company s Client Agreement.
1 Contents 1. Introduction... 3 2. Categorisation Criteria... 3 2.1 Retail Client... 3 2.2 Professional Client... 3 2.3 Eligible Counterparty... 6 3. Request for Different Categorisation... 7 4. Protection
More informationAnti-money laundering requirements
Anti-money laundering requirements The law on money laundering requires financial services firms to obtain satisfactory evidence of the identity of its customers and certain other connected parties. The
More informationTABLE OF CONTENTS. Compliance Manual Version: 4.9 Author: [Your Company Name] Updated: 14/10/2017
TABLE OF CONTENTS 1 Introduction... 10 1.1 Purpose & Scope of the Manual... 10 1.2 Responsibility for the Manual... 11 2 Regulatory Framework... 12 2.1 Introduction to the FCA... 12 2.2 Financial Services
More informationReader's Guide: An introduction to the Handbook
Reader's Guide: An introduction to the Handbook January 2019 Reader's Guide: An introduction to the Handbook Contents 1 What is the Handbook? 3 2 Where can I find the Handbook? 4 3 Structure of the Handbook
More informationFINAL NOTICE. Mr Mohammad Rana (registered as Countrywide Management Consultancy and trading as Property Compass)
Financial Services Authority FINAL NOTICE To: Address: Mr Mohammad Rana (registered as Countrywide Management Consultancy and trading as Property Compass) 18 Cherwell Drive Marston, Oxford Oxfordshire
More information12 January Contents Page
12 January 2016 Memorandum of Understanding between the Competition and Markets Authority and the Financial Conduct Authority on the use of concurrent powers under consumer protection legislation Contents
More informationTABLE OF CONTENTS. Compliance Manual Version: 4.9 Author: [Your Company Name] Updated: 28/10/2017
TABLE OF CONTENTS 1 Introduction... 10 1.1 Purpose & Scope of the Manual... 10 1.2 Responsibility for the Manual... 11 2 Regulatory Framework... 12 2.1 Introduction to the FCA... 12 2.2 Financial Services
More informationPROFESSIONAL INDEMNITY PROPOSAL FORM
GUIDANCE NOTES This proposal must be completed by a Principal, Partner or Director of the Proposer. Please use your Company headed paper to provide full details to any answers where appropriate. The completion
More informationSUPERVISION AND OVERSIGHT FSA S APPROCH TO SUPERVISION AND RISK STATUTORY FRAMEWORK
SUPERVISION AND OVERSIGHT FSA S APPROACH TO SUPERVISION AND RISK STATUTORY FRAMEWORK I FSA S APPROCH TO SUPERVISION AND RISK 1. FSA: THE STATUTORY FUNCTIONS The FSA has a series of statutory functions:
More informationADAPT AIM ISA PORTFOLIOS APPLICATION FORM FOR ADVISED SUBSCRIPTIONS
ADAPT AIM ISA PORTFOLIOS APPLICATION FORM FOR ADVISED SUBSCRIPTIONS BLACKFINCH INVESTMENTS LIMITED 1350-1360 MONTPELLIER COURT, GLOUCESTER BUSINESS COURT, GLOUCESTER, GL3 4AH 01684 571 255 ENQUIRIES@BLACKFINCH.COM
More informationUnregulated Collective Investment Schemes:
Financial Services Authority Unregulated Collective Investment Schemes: Good and poor practice report July 2010 Contents 1 Introduction 3 2 Regulatory requirements for UCIS 4 3 Financial promotion of
More informationDetails of FCA Consumer Credit Regime (13/29) 14 October 2013
CPA Audit LLP, Talbot House, 8-9 Talbot Court, London EC3V 0BP Telephone: 020 7621 9010 Facsimile: 020 7621 9011 email: info@cpaaudit.co.uk web: www.cpaaudit.co.uk Details of FCA Consumer Credit Regime
More informationPower of Attorney Application to Appoint an Attorney to Operate an Account(s)
Power of Attorney Application to Appoint an Attorney to Operate an Account(s) Please complete this form using black ink and BLOCK CAPITALS and return it together with and any proofs of identity/residency,
More informationMASTHAVEN BANK FIXED RATE BOND TERMS AND CONDITIONS
MASTHAVEN BANK FIXED RATE BOND TERMS AND CONDITIONS These terms and conditions ("conditions") contain basic information about us, Masthaven Bank Limited, our services, and our agreement with you, the account
More informationCash ISA Application & Transfer Form
Cash ISA Application & Transfer Form 2018-2019 New ISA Accounts - Only to be completed by individuals on their own behalf. NOTE: If an account is to be opened by an Attorney, please complete a Savings
More informationCorporate Governance Requirements for Investment Firms and Market Operators 2018
Corporate Governance Requirements for Investment Firms and Market Operators 2018 Corporate Governance Requirements for Investment Firms and Market Operators Central Bank of Ireland Page 2 Contents Introduction...
More informationApplication form for banks
1 Regulatory business plan Application for authorisation Application form for banks Full name of applicant firm Before completing the application form for banks, you should review the banking authorisations
More informationPolicy Statement 10/6. Financial Services Authority. Distribution of retail investments: Delivering the RDR - feedback to CP09/18 and final rules
Policy Statement 10/6 Financial Services Authority Distribution of retail investments: Delivering the RDR - feedback to CP09/18 and final rules March 2010 Contents 1 Overview 3 2 Describing and disclosing
More informationClient Categorisation Policy
Client Categorisation Policy Tickmill UK Limited April 2018 1. General Under the auspices of MiFID, Tickmill UK Ltd ( Tickmill, the firm, the company, us ) is required to categorise you as a client under
More informationFinancial review. Table 8.1: Reconciliation of statutory accounts to the financial review
89 Financial review Basis of preparation This financial review is based on the FSA s Financial Management and Reporting Framework, details of which are provided at the end of this chapter. Under this framework,
More informationRISK MANAGEMENT FRAMEWORK OVERVIEW
Perpetual Limited RISK MANAGEMENT FRAMEWORK OVERVIEW September 2017 Classification: Public Page 1 of 6 COMMITMENT TO RISK MANAGEMENT As a publicly listed company and provider of financial products and
More informationDiscussion Paper on a duty of care and potential alternative approaches
Discussion Paper on a duty of care and potential alternative approaches Discussion Paper DP18/5 July 2018 Contents Executive Summary 3 1. Introduction 5 2. Our regulatory and legal framework 8 3. How we
More informationwww.compliancemonitor.com Take aim for AIFMD implementation The UK must implement the Alternative Investment Fund Managers Directive (AIFMD) by 22 July. Kam Dhillon and Emma Radmore line up the fi nal
More informationManagement liability choice summary of cover
Management liability choice summary of cover January 2018 Why choose AXA s Management liability choice for companies insurance Management Liability Choice insurance is available to any UK registered private
More informationMEMORANDUM OF UNDERSTANDING BETWEEN FINANCIAL CONDUCT AUTHORITY AND INSOLVENCY SERVICE
MEMORANDUM OF UNDERSTANDING BETWEEN FINANCIAL CONDUCT AUTHORITY AND INSOLVENCY SERVICE 1 TABLE OF CONTENTS: 1) Introduction...3 2) Role of the Insolvency Service 3 3) Role of the Financial Conduct Authority..4
More informationFor more information, please contact Branko Bjelobaba at Branko Ltd on (0800) or
A digestible aid to compliance The Branko Ltd FCA DIY Compliance Manual has developed into an industry standard since it was first produced in 2004 (and we continue to exclusively publish the BIBA version).
More informationFxPro UK Limited. Client Categorisation Notice
FxPro UK Limited Client Categorisation Notice CONTENTS INTRODUCTION... 3 APPROPRIATENESS AND FCA CATEGORISATION RULES... 3 RETAIL CLIENTS... 3 PROFESSIONAL CLIENTS... 4 ELIGIBLE COUNTERPARTIES... 6 PROTECTION
More informationManagement liability choice summary of cover
Management liability choice summary of cover November 2015 Why choose AXA s Management liability choice for companies insurance Management Liability Choice insurance is available to any UK registered private
More informationTHE LICENSEES (CONDUCT OF BUSINESS) RULES 2016
THE LICENSEES (CONDUCT OF BUSINESS) RULES 2016 1 The Licensees (Conduct of Business) Rules 2016 THE LICENSEES (CONDUCT OF BUSINESS) RULES 2016... 1 The Principles... 5 1. Integrity... 5 2. Skill, Care
More informationThe new FCA and PRA Senior Managers and Certification Regime and Code of Conduct. A guide to the current proposals. August
The new FCA and PRA Senior Managers and Certification Regime and Code of Conduct A guide to the current proposals August 2014 www.allenovery.com 2 The new FCA and PRA Senior Managers and Certification
More informationRevised Ethical Standard 2016
Standard Audit and Assurance Financial Reporting Council June 2016 Revised Ethical Standard 2016 The FRC s mission is to promote transparency and integrity in business. The FRC sets the UK Corporate Governance
More information1.5 If your personal details change, please contact us at Jonathan Tait & co, 9 Crown Street, Aberdeen, AB11 6HA.
Jonathan Tait & Co Privacy Notice Our Privacy Notice describes the categories of personal data we process and for what purposes. We are committed to collecting and using such data fairly and in accordance
More information4) The approach of Telekom Malaysia (UK) Limited towards its dealings with HM Revenue & Customs ( HMRC ).
Tax Strategy for the accounting period ended 31 December 2017 In accordance with the requirements of Schedule 19 Finance Act 2016 of the United Kingdom ( UK ), this document is Telekom Malaysia (UK) Limited
More informationDirectors and Officers or Trustees Liability Section
MANAGEMENT LIABILITY Summary of March 2014 Edition The Management Liability Policy is available to any UK registered private limited company, charity, club or association excluding those in the legal sector,
More informationFCA Business Plan 2016
April 2016 FCA Business Plan 2016 FCA Business Plan key areas for coming year: Firms culture and governance: strong culture and governance which helps competition and consumers alike; Pensions: fair treatment
More informationFINAL NOTICE. Unit 8a, Maple Estate, Stocks Lane, Barnsley, South Yorkshire S75 2BL
Financial Services Authority FINAL NOTICE To: Address: Cricket Hill Financial Planning Limited Unit 8a, Maple Estate, Stocks Lane, Barnsley, South Yorkshire S75 2BL Date: 16 February 2011 TAKE NOTICE:
More informationThavies Inn House, 3-4 Holborn Circus, London, EC1N 2HA Tel: Fax: Website: cumberlandplace.co.uk Registered in England:
Thavies Inn House, 3-4 Holborn Circus, London, EC1N 2HA Tel: 020 7936 0300 Fax: 020 7356 0827 Website: cumberlandplace.co.uk Registered in England: 8948895 Registered Office: 35 Ballards Lane London N3
More informationTERMS OF REFERENCE FOR THE PRUDENTIAL REGULATION COMMITTEE
TERMS OF REFERENCE FOR THE PRUDENTIAL REGULATION COMMITTEE The Prudential Regulation Committee (PRC) is created by the Bank of England Act 1998 (as amended by the Bank of England and Financial Services
More informationCredit Unions- Conduct Regulation Presentation to ACE Credit Union Services. Charles Roe Head of Department - Mortgages & Mutuals May 2014
Credit Unions- Conduct Regulation Presentation to ACE Credit Union Services Charles Roe Head of Department - Mortgages & Mutuals May 2014 Conduct Regulation for Credit Unions This presentation will touch
More informationCustomer Privacy Notice Edition
Customer Privacy Notice - 2018 Edition How Precise Mortgages uses your personal data 0800 116 4385 precisemortgages-customers.co.uk Contents About us 3 Who this privacy notice applies to 3 Why we are providing
More informationThe Gibraltar Financial Services Commission. Consultation Paper Regulation of personal pension schemes
The Gibraltar Financial Services Commission Consultation Paper Regulation of personal pension schemes Published: 4 June 2015 Table of Contents 1. Purpose 3 2. Executive Summary 4 2.1 Overall objectives
More informationBANK OF MAURITIUS. Guideline. Fit and Proper Person Criteria. BOM/BSD 11/ October 2003
BOM/BSD 11/ October 2003 BANK OF MAURITIUS Guideline on October 2003 Revised March 2005 Revised January 2014 Revised June 2014 TABLE OF CONTENTS 1.0 INTRODUCTION 2 1.1 Objective 2 1.2 Applicability 2 2.0
More informationTHE LICENSEES (CONDUCT OF BUSINESS) RULES 2009
THE LICENSEES (CONDUCT OF BUSINESS) RULES 2009 The Licensees (Conduct of Business) Rules 2009 CONTENTS Part Chapter Page The Principles 6 1 Introduction 8 1.1 Citation, commencement and application 8 1.2
More informationTABLE OF CONTENTS. Compliance Manual Version 4.8 Author: Updated: 28/05/2017
TABLE OF CONTENTS 1 Introduction... 9 1.1 Purpose & Scope of the Manual... 9 1.2 Responsibility for the Manual... 10 2 Regulatory Framework... 11 2.1 Introduction to the FCA... 11 2.2 Financial Services
More informationAn AIF shall be managed by a single AIFM responsible for ensuring compliance with the AIFM Law which shall either be:
THE DELEGATION UNDER THE AIFM LAW The law of July 12, 2013 on alternative investment fund managers (the AIFM Law ) 1 regulates the authorisation, activities and transparency requirements of managers qualifying
More informationINFORMATION NOTE FOR TRUSTEES ON THEIR SERVICE PROVIDERS & ADVISERS
INFORMATION NOTE FOR TRUSTEES ON THEIR SERVICE PROVIDERS & ADVISERS 1. About this information note 2. Trustees relationship with Advisers and Service Providers 3. Trustees responsibility for delegated
More informationP a g e 1 FINANCE SECTOR CODE OF CORPORATE GOVERNANCE
P a g e 1 FINANCE SECTOR CODE OF CORPORATE GOVERNANCE Amended February 2016 P a g e 2 CONTENTS Page Introduction 5 Principles and Guidance 1. THE BOARD 8 Companies should be headed by an effective Board
More informationService standards. Introduction. What this publication covers. Financial Conduct Authority 1. As at May 2018
Service standards As at May 2018 Introduction Parliament has given us a strategic objective to make sure that relevant markets function well, and 3 operational objectives: protect consumers to secure an
More informationThe distinct nature of insurance business and the introduction of a specific insurance objective;
Financial Regulation Strategy HM Treasury 1 Horse Guards Road London SW1A 2HQ Via Email: financial.reform@hmtreasury.gsi.gov.uk 8 September 2011 Dear Sirs A new approach to financial regulation: the blueprint
More informationFCA Business Plan 2017/18
FCA Business Plan 2017/18 17 May 2017 www.moorestephens.co.uk PRECISE. PROVEN. PERFORMANCE. Andrew Jacobs Agenda Introduction Andrew Jacobs Main themes of 2017/18 Business Plan Giovanni Giro Governance
More informationICAEW is pleased to respond to your request for comments on Debt management (and credit repair services) guidance.
15 September 2011 Our ref: ICAEW Rep 84/11 Aaron Berry Office of Fair Trading Fleetbank House 2-6 Salisbury Square London EC4Y 8JX By email: dmguidance-consult@oft.gsi.gov.uk Dear Aaron Debt management
More informationPerpetual s Risk Management Framework
Perpetual s Risk Management Framework Perpetual s Risk Management Framework Context Perpetual Limited (Perpetual) is a diversified financial services firm, listed on the Australian Securities Exchange.
More informationConsultation Response. High-level proposals for an FCA regime for consumer credit. Response from the Money Advice Service 1 May 2013.
Consultation Response High-level proposals for an FCA regime for consumer credit Response from the Money Advice Service 1 May 2013 Colin Kinloch Debt Advice Policy Manager Colin.Kinloch@moneyadviceservice.org.uk
More informationNew Rules Released: Senior Managers and Certification Regime Extended to All Firms
Legal Update August 2017 New Rules Released: Senior Managers and Certification Regime Extended to All Firms The Financial Conduct Authority ( FCA ) and Prudential Regulation Authority ( PRA ) published
More informationThe FSC s Revised Risk-based Approach to Supervision
The FSC s Revised Risk-based Approach to Supervision Assessing the risk of financial loss to the public presented by each regulated firm 1 What made us change? Need to identify the risks to the system
More informationFinancial Services Regulation
Financial Services Regulation Premier Banking & Wealth Management Conference Simon Gray 26 th October 2008 Royal Meridien, Abu Dhabi Regulatory Landscape 2 Page 2 Dubai International Financial Centre (DIFC)
More informationConsultation response
Consultation response SRA: Regulation of consumer credit activities Overview 1. Regulation of consumer credit activities is specialised and complex. Credit activities (and in particular debt collection)
More informationCompliance Guide to the FCA Handbook. Issue 4 Senior Management Arrangements, Systems and Controls (SYSC)
Compliance Guide to the FCA Handbook Issue 4 Senior Management Arrangements, Systems and Controls (SYSC) Important note These guidance notes are for the use of CSA Members who are preparing for authorisation
More informationAuthorisation Requirements for Money Transmission Businesses. Authorisation Requirements and Standards for Money Transmission Businesses
2013 Authorisation Requirements for Money Transmission Businesses Authorisation Requirements and Standards for Money Transmission Businesses Authorisation Requirements and Standards for Money Tranmission
More informationFinancial Services Authority FINAL NOTICE. Chariot Mortgage Services Limited Washway Road Sale Cheshire M33 6RN. Date: 15 April 2008
Financial Services Authority FINAL NOTICE To: Address: Chariot Mortgage Services Limited 190-192 Washway Road Sale Cheshire M33 6RN Date: 15 April 2008 TAKE NOTICE: The Financial Services Authority of
More informationREGULATORS A REGULATORY FRAMEWORK FOR INDUSTRY VALUE
62 Liberty Holdings Limited Integrated Report 217 REGULATORS A REGULATORY FRAMEWORK FOR INDUSTRY VALUE Regulators govern financial stability and market conduct to promote the fair, transparent and responsible
More informationREGULATORY ADVICE ON WHEN TO SEEK A LICENCE FOR PROBATE
REGULATORY ADVICE ON WHEN TO SEEK A LICENCE FOR PROBATE BACKGROUND Probate and estate administration are closely aligned activities. ICAEW members and firms carry out the latter as part of their practice.
More informationInsurance Supervisory Approach January February 2018
Insurance Supervisory Approach January 2018 09 February 2018 1 Welcome and Introduction Evolution of our supervisory approach under Solvency II Providing clarity on our key areas of focus Setting expectations
More informationFINAL NOTICE The firm has confirmed that it will not be referring this matter to the Financial Services and Markets Tribunal.
FINAL NOTICE To: Of: Capita Trust Company Limited Phoenix House, 18 King William Street London EC4N 7HE Date: 20 October 2004 TAKE NOTICE: The Financial Services Authority of 25 The North Colonnade, Canary
More informationTerms of Reference Annex: Green Deal
Terms of Reference Annex: Green Deal 1. Interpretation 1.1 The definitions, below, apply to both this Annex and the Terms of Reference in relation to complaints brought to Ombudsman Services: against Participating
More informationState Bank of India. (Incorporated in India)
State Bank of India (Incorporated in India) Explanatory statement setting out important facts about the proposed scheme for the transfer of part of the banking business of the UK branch of State Bank of
More informationProfessional indemnity Summary of cover RICS-compliant for property professionals
Professional indemnity Summary of cover RICS-compliant for property professionals October 2014 Why choose AXA s RICS-compliant Professional indemnity insurance? AXA s RICS-compliant Professional indemnity
More informationTESCO PERSONAL FINANCE GROUP LTD PILLAR 3 DISCLOSURES FOR THE YEAR ENDED 28 FEBRUARY 2017
PILLAR 3 DISCLOSURES FOR THE YEAR ENDED 28 FEBRUARY 2017 1 CONTENTS: 1. Introduction and Basel Framework 4 2. Disclosure Policy 5 2.1 Frequency of Disclosure 5 2.2 Verification and Medium 5 2.3 Use of
More informationPERSONAL QUESTIONNAIRES AND PERSONAL DECLARATIONS GUIDANCE NOTES
PERSONAL QUESTIONNAIRES AND PERSONAL DECLARATIONS GUIDANCE NOTES INTRODUCTION This document is intended to provide assistance by highlighting and clarifying areas of uncertainty that may arise when completing
More informationINTRODUCTION TO THE FCA MODULE (Treating Customers Fairly..)
INTRODUCTION TO THE FCA MODULE (Treating Customers Fairly..) Completion of this section will ensure that:- You understand what the FCA is; What and who they regulate; The basic principles of compliance;
More informationDuties and responsibilities of the trustee
Duties and responsibilities of the trustee 15 Any person assigned the duty to manage interests on behalf of others has a responsibility to fulfil this duty to the best of his ability, and in accordance
More informationADMIRAL MARKETS UK LTD PRIVACY POLICY
ADMIRAL MARKETS UK LTD PRIVACY POLICY Valid as of 2nd of December 2016 1. GENERAL PROVISIONS 1.1 Definitions used in the procedure: Client means any natural or legal person who has entered into client
More informationSRA BOARD 21 January 2015
Regulation of Consumer Credit Activities Purpose 1 The purpose of this paper is: i) to provide the Board with an update on discussions with the Financial Conduct Authority (FCA) and the Treasury (HMT)
More informationFinancial SERVICES GUIDE
Financial SERVICES GUIDE mobisuper Zib Financial www.mobisuper.com.au 1300 222 622 mobisuper Pty Limited (ABN 64 613 581 981) is a corporate authorised representative (No. 001246226) of ZIB Financial Pty
More informationJOINT INSOLVENCY EXAMINATION. Notes to Candidates. And. Syllabus for the Examination
JOINT INSOLVENCY EXAMINATION 2012 Notes to Candidates And Syllabus for the Examination Page 1 of 13 NOTES TO CANDIDATES 1. Exam Eligibility Candidates will be eligible to enter for the examination if:
More informationGUIDELINES ON AUTHORISATION AND REGISTRATION UNDER PSD2 EBA/GL/2017/09 08/11/2017. Guidelines
EBA/GL/2017/09 08/11/2017 Guidelines on the information to be provided for the authorisation of payment institutions and e-money institutions and for the registration of account information service providers
More informationIDENTIFICATION OF BEST PRACTICES FOR THE GOVERNANCE AND ADMINISTRATION OF PENSION PLANS
IDENTIFICATION OF BEST PRACTICES FOR THE GOVERNANCE AND ADMINISTRATION OF PENSION PLANS A. Governance Overview Pension plan governance refers to the system used to organize the roles and responsibilities
More informationICAEW WRITTEN SUBMISSION
ICAEW WRITTEN SUBMISSION BIS COMMITTEE: THE INSOLVENCY SERVICE Written evidence submitted on 6 January 2012 Contents Paragraph Introduction 1 Who we are 2 5 Executive summary 6 Context 7 9 Pre-pack administrations
More informationCONFLICTS OF INTEREST POLICY
CONFLICTS OF INTEREST POLICY January 2018 OVERVIEW The term Newton refers to the following group of Financial Conduct Authority ( FCA )-regulated companies: Newton Investment Management Limited ( NIM );
More information