Compliance Clinic - appointed representatives (ARs): FCA expectations including recruitment and ongoing supervision - as well as changes on the horizon from the regulator.
Live on Monday 5th October, 2pm-3pm
This Compliance Clinic is essential if your firm has ARs or looking to recruit ARs in the future.
Each one takes a deep dive into a specific area of regulation currently affecting advisers, with our expert team providing insight and practical guidance, offering 60 minutes of structured CPD.
This session explores the regulators requirements where a principal firm has appointed representatives. It will focus on the regulators supervision expectations when recruiting an AR, ongoing oversight as well as the requirements when terminating an AR relationship.
We’ll look at examples of good practice as well as areas for improvement highlighted by the regulator. Likewise, examples of the policies and procedures that should be in place to ensure your ARs are supervised effectively. We will also explore how the FCA are currently supervising principal firms with ARs.
Finally, changes are on the horizon, we’ll look at the proposals from the Treasury and how this will impact on existing principal firms as well as firms looking to become principals in the future.
This Compliance Clinic is essential if your firm has ARs or looking to recruit ARs in the future.
Learning objectives
By the end of the session, you will learn:
- Understand the regulator's requirements when recruiting and terminating an appointed representative.
- Explain the FCA's expectations regarding ongoing supervision and monitoring of an Appointed Representative.
- Summarise the proposals to the appointed representative regime in the near future.