The principal financial services regulators, the Prudential Regulation Authority and the Financial Conduct Authority, require senior management of authorised firms to be aware of what the regulators expect of them and to be able to provide evidence of meeting regulatory requirements, were one or both of the regulators to visit the firm.
This course covers key aspects of senior management responsibilities based on the regulators’ handbooks and public statements made. The material has been aligned with what is generally perceived to be current best practice.
On completion of this course, you will gain an understanding of:
- Background to importance of senior management responsibilities
- Policy and control framework
- Key functions
- Risk management
- Preventing financial crime
- Capital management
- Board responsibilities