The NEW Senior Managers and Certification Regime for GI brokers seminar-5.2.19

DO NOT MISS THIS IMPORTANT UPDATE.

Branko has a first-class reputation for his expert knowledge on compliance and regulatory matters and their impact on the UK financial services and general insurance industries. Combining comprehensive knowledge with an engaging and unique presentation style, Branko manages to deliver presentation sessions that inform, enlighten and even entertain (all at the same time!!). Many events provided by Branko have been standing room only which continues to perplex him based on the subject matter and he has spoken at virtually all CII local institutes and is taken aback by the feedback he gets from those attending events.

Overview:

In response to the 2008 banking crisis and significant conduct failings such as the manipulation of LIBOR, Parliament set up the Parliamentary Commission for Banking Standards (PCBS) to recommend how to improve standards in the banking sector. PCBS 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.

Based on these recommendations, Parliament passed legislation in December 2013, leading to the FCA and Prudential Regulation Authority applying the SM&CR to the banking sector. Parliament made further changes to legislation in May 2016, requiring the FCA to extend the regime to all FSMA authorised firms. Significant changes are being proposed that will now take effect from 9 December 2019 with 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:

• SM&CR proposals for general insurance brokers
• Certification requirements
• Fit and Proper requirements
• Conduct rules
• How individuals will be converted to the new regime

CANCELLATION FEE

THIS EVENT IS FREE TO ATTEND HOWEVER IF YOU NEED TO CANCEL YOUR BOOKING AFTER THE CLOSING DATE OF 5th NOVEMBER, WE WILL STILL BE LIABLE FOR THE COST OF YOUR PLACE AND THERE WILL BE A CANCELLATION FEE DUE OF £35.