Financial Promotions - The FCA’s Regulatory Requirements

Introduction

The FCA have been busy implementing new standards expected from firms in relation to their financial promotions.

Sector specific rules have been brought in for investment management and cryptocurrencies as well as updated requirements for credit brokers.

Additionally, the FCA have moved to regulate those organisations approving financial promotions.

Clearly an area of significant change it has also been affected by the Consumer Duty, specifically the consumer understanding outcome.

This new full day course will make sense of the new landscape, helping you to understand the myriad of requirements and plot your route to compliance.

Examples will be given as to what constitutes good, adequate, or poor compliance supported by a range of examples.

The course is suitable for financial services professionals with responsibility for creating or reviewing financial promotions in relation to regulated products.

What You Will Learn

This course will cover the following:

• Rules/guidance:
• Financial Promotion Order 2005
• Meaning of financial promotion
• PERG 8, COBS 4, CONC 3, ICOBS 2 and 3, MCOB 3A, BCOBS 2,2A and 3, CMCOB 3
• Latest developments:
• Approving financial promotions
• FCA powers to ban a promotion or advert
• Consumer duty requirements
• Exemptions for high-net-worth investors
• Case studies