Lunchtime Seminar- Senior Managers & Certification Regime

In response to the 2008 banking crisis and significant conduct failing the Parliamentary Commission for Banking Standards recommended a new accountability framework focused on senior management. It also recommended that firms take more responsibility for employees being fit and proper, and that there be better standards of conduct at all levels in banking firms.

With banks and insurers already subject to the new regime it was decided to extend this to all FSMA authorised firms.

Significant changes are being proposed that will now take effect from 9 December 2019 and this will apply to ALL insurance brokers, mortgage brokers and IFAs. This will mean changes to your Approved Persons and conduct rules applying for the first time ever to ALL staff - do you know what changes you will have to make?

Learning objectives. By attending this event delegates will gain an insight into:

• Why the need for change,
• SM&CR proposals (wider applicability that current Approved Persons Regime),
• Certification requirements,
• Fit and Proper requirements,
• Conduct rules that will apply to all relevant staff,
• Transitional arrangements,
• What do I actually need to do.

Time: Registration & buffet lunch 12.30; Lecture 13:00; Finish 14:15.

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