Compliance & Regulatory Training

Learning Objectives: This course provides the candidate with information regarding the requirements of the UK Bribery Act 2010. This includes what constitutes bribery and corruption, and the systems and controls that firms must implement to prevent bribery and corruption. This course aims to raise awareness of the part employees can play in the fight against bribery and corruption.

Learning Outcome: Candidates will be able to describe what constitutes bribery and the consequences as well as identify and respond to the common bribery red flags. Candidates will understand their own responsibilities and those of their firm as well as their duty to report any suspicion, concern or incident of bribery.

Learning Objectives: This course provides the candidate with information regarding the legal framework of the anti-money laundering regime including the Proceeds of Crime Act 2002, the Money Laundering Regulations 2017 and 2019, the FCA Rules and industry guidance. This includes what money laundering is, how money is laundered and the common risks so that the firm is not used to facilitate financial crime.

Learning Outcome: Candidates will be able to understand the obligations placed on both them as individuals as well as their employer to prevent money laundering. Candidates will understand what they must do if you have any suspicions of money laundering as well as the applicable offences and penalties that can be imposed under the anti-money laundering regime.

Learning Objectives: This course provides the candidate with information to prevent the facilitation of tax evasion and an understanding of the legal framework of the Criminal Finances Act 2017. This includes what tax evasion is, the social and economic effects of tax evasion and why this training is important.

Learning Outcome: Candidates will be able to describe tax evasion as well as their individual responsibilities and the firm’s responsibilities. This includes prevention procedures and contextual understanding provided by analysing case studies.

Learning Objectives: This course provides the candidate with information on the Approved Persons regime including the functions which require FCA approval in order to be performed and the consequences of behaving in a manner not consistent with FCA expectations.

Learning Outcome: Candidates will be able to understand the ongoing responsibilities under the Approved Persons Regime. Candidates will have an understanding of the application process, the Fit and Proper test, as well as the Statements of Principle and Code of Practice for Approved Persons.

Learning Objectives: This course provides the candidate with an understanding of a Director’s key roles and responsibilities as well as insight into what qualifies as good corporate governance and best practice in the Boardroom.

Learning Outcome: Candidates will be able to describe the key duties of directors and understand their application under the Companies Act 2006. Candidates will have an understanding of the expectations of the Financial Conduct Authority as well as the liabilities and sanctions Directors are exposed to. The candidate will have an understanding of ‘governance hot topics’ for Board members.

Learning Objectives: This course provides the candidate with an overview of the role and the responsibilities of the Compliance function and how this role may be undertaken effectively.

Learning Outcome: Candidates will have an understanding of the Compliance Officer’s role including:

• Providing regulatory advice and guidance
• Overseeing relevant regulated activity processes and procedures
• Monitoring the firm’s regulatory activities
• Maintaining policies and procedures
• Overseeing all interactions with the FCA, including periodic reporting
• Ensuring all staff receive appropriate training
• Managing the regulatory compliance risks to the business

Learning Objectives: This course provides the candidate with an understanding of the overview and general application of the FCA’s Conduct Of Business (COBS) rules.

Learning Outcome: Candidates will gain a basic knowledge of the rules relating to client categorisation; inducements; suitability and appropriateness; dealing and managing; and investment research. Furthermore, candidates will understand the obligations that fall to the Compliance function within these categories.

Learning Objectives: This course provides the candidate with information regarding conflicts of interests, the identification of different types of conflict and how to manage and mitigate these chances of these potential conflicts becoming actual. This includes a review of the purpose of a Conflicts of Interest Policy and the importance of a Conflicts of Interest Register.

Learning Outcome: Candidates will be able to describe and apply the procedures to identify and manage conflicts of interests. Candidates will understand that there can be conflicts between the firm’s interests, the interests of staff and the interests of another client; and will also be able to use the real life examples provided to show their understanding of the importance of monitoring conflicts of interest in line with the firm’s policy

Learning Objectives: This course provides the candidate with an understanding of the increasing importance of cybersecurity as how our work becomes increasingly reliant on online services. It explains the need to protect information from being maliciously disrupted or misused. February 2022 gatewayncl.com

Learning Outcome: Candidates will have an understanding of the need for online security to protect information and an awareness of the different types of online threats. Furthermore, candidates will understand the steps they can take as an individual to reduce the chance of falling victim to cybercrime as well as the steps the company itself can implement to protect itself

Learning Objectives: This course provides the candidate with information and training on data protection issues and, in particular the General Data Protection Regulation 2018 (“GDPR 2018”) and the responsibilities of the individual and their firm. This includes the history of data protection and the progress made by GDPR 2018, alongside an understanding of the principles of data protection.

Learning outcomes: Candidates will be able to define what is considered personal data and establish who or what is data controller and data processor. Furthermore, the candidate will have an understanding of accountability and governance in relation to GDPR as well as the rights of individuals and the consequence of breaches

Learning Objectives: This course will provide you with the information, guidelines, and requirements for implementing an effective Environmental, Social and Governance (“ESG”) and Sustainability framework.

Learning Outcome: On completion of this course, you will gain an understanding of the growing importance of ESG and Sustainability and its influence on policy making across the world. You will cover the impact of overlooking ESG concerns with consequences for the company returns, business reputation and its stakeholders. Requirements and obligations of your firm will be discussed in detail, with the necessary actions explained for the Board, Senior Managers, and wider staff. Finally, candidates will be informed on the direction of the UK’s ESG and Sustainability as a distinct and emerging area of regulation, with reference to the EU and the USA

Learning Objectives: This course provides the candidate with information and basic user instructions for the Financial Conduct Authority (“FCA”)’s Gabriel, Connect and online invoicing systems. Candidates cover topics ranging from how to navigate the system, changing passwords, which forms require online submission compared with paper forms, to online invoice disputes.

Learning Outcome: Candidates will receive training that focuses on the systems from a practical perspective exploring the ‘need to know’ elements of using these systems. Candidates will be able to more effectively and efficiently make their online data submissions.

Learning Objectives: This course provides the candidate with information regarding the legislation, regulations, and Financial Conduct Authority (“FCA”) rules on communications with clients and the promotion of financial services and products in the UK. Furthermore, it covers the regulatory framework and legislation alongside how a promotion should be communicated in order to ensure it is fair, clear and not misleading.

Learning Outcome: Candidates will be able to describe what constitutes a financial promotion, understand the importance of the financial promotions rules for their firm and best practice in this area. The candidate will understand the application of the rules relating to financial promotions as well as the systems and controls firms must have in place to approve financial promotions.

Learning Objectives: This course provides the candidate with an overview of the UK regulatory environment and the importance of being aware of and adhering to the main compliance requirements. This includes an understanding of the need for firms that transact in regulated activities to abide by the terms of the Financial Conduct Authority (“FCA”) and to ensure employees are aware of the policies and procedures in place to help the firm meet its regulatory obligations.

Learning Outcome: Candidates will be able to explain the FCA’s approach to regulation and the regulatory structure in place in the UK. Furthermore, candidates will understand the key rules that the FCA applies through its Handbook and what their own responsibilities are as an individual in the regulated sector.

Learning Objectives: This course provides the candidate with information regarding the Market Abuse Regime (“MAR”) and their individual responsibilities under MAR. This includes the difference between civil and criminal market abuse and the different types of market abuse behaviours.

Learning Outcome: Candidates will be able to provide understand the definition of market abuse and its scope. Furthermore, they will have an awareness of what they must do if they become aware of any behaviour that could be considered market abuse

Learning Objectives: This course provides the candidate with information regarding ‘Operational Resilience’, and the FCA’s guidance on the systems and controls firms can adopt to reduce the impact of disruptions to their important business services on clients, the firm and the UK financial market as a whole. This course aims to ensure that all staff are aware of the relevant guidelines and ‘best practices’ of operational resilience and how they can instil these in the Firm.

Learning Outcome: Candidates will be able to describe the FCA objectives that directly link to operational resilience and the importance of identifying “important business services”.  Candidates will be able to communicate and implement the necessary steps of an effective resilience framework through the use of mapping, impact tolerances, scenario testing, self-assessments and management information for effective periodic review.

Learning Objectives: The course provides the candidate with information regarding the firm’s responsibilities and requirements in respect of product governance under MiFID II. This includes the background to product governance and the ongoing oversight framework and procedures that firms are required to put in place in order to meet FCA requirements. Suitable for individuals responsible for product management and compliance in their firms.

Learning Outcome: Candidates will have an understanding of both the duties of those manufacturing products – including product design, approval process, target markets and review and monitoring of performance; and the duties of those distributing products - including distribution strategies, alignment of client and firm interests, review and compliance.

Learning Objectives: This course will provide you with a summary of the different Sanctions regulations and how these are enforced within financial regulations.

Learning Outcome: Candidates will gain an understanding of the UK Sanctions Regulations and Sanctions regulations in developed nations, how sanctions are enforced to restrict financial crime in financial services, the tactics used by entities and individuals to evade regulations, and the necessary steps to take to avoid breaching sanctions regulation.

Learning Objectives: The course provides the candidate with information relating to Certification Regime, which is one of the 3 key constituent parts of the Senior Managers and Certification Regime (“SM&CR”). This includes the background to the SM&CR as well as the Certification Regime itself.

Learning Outcome: Candidates will have an understanding of the Certification Regime which encompasses knowledge of the certification functions, the fit and proper requirements, and the importance of certificate issuance

Learning Objectives: The course provides the candidate with information on the Conduct Rules under the FCA’s Senior Managers and Certification Regime (“SM&CR”). This includes the background to SM&CR and the two tiers of requirements of the Senior Managers Regime itself.

Learning Outcome: Candidates will have an understanding of the Conduct Rules and the two tiers of requirements and how they affect them as an individual. Furthermore, the candidate will acquire knowledge as to the breach reporting requirements.

Learning Objectives: The course provides the candidate with information on the Senior Managers Regime which is one of the 3 key constituent parts of the FCA’s Senior Managers and Certification Regime (“SM&CR”). This includes the background to SM&CR and the requirements of the Senior Managers Regime itself.

Learning Outcome: Candidates will have an understanding of the Senior Managers Regime which encompasses knowledge of the Senior Manager functions, statements of responsibility, duty of responsibility, prescribed responsibilities, and the fit and proper requirements. Furthermore, the candidate will acquire knowledge as to how the regime will affect FCA Applications and Notifications.

Learning Objectives: This course provides the candidate with information regarding Treating Customers Fairly (TCF) initiative, including the five principles of business (PRIN 2.1) which are used to underpin TCF and the six consumer outcomes of TCF aimed at improving outcomes for customers/clients. This course aims to ensure that all staff are aware of the relevant principles and outcomes of TCF and how they can instil TCF throughout the Firm.

Learning Outcome: Candidates will be able to describe the TCF outcomes, identifying and taking responsible action when dealing with vulnerable customers, the responsibilities of providers and distributors for the fair treatment of customers and the management information that can be used to periodically review and assess a firm’s ability to practice TCF.