Uk FSA Regulatory Visits Compliance Preparation
by Compliance Consultant on Nov 06, 2012
- 362 views
Specialist Consultancy for Executive Coaching For Regulatory Compliance Visits ...
Specialist Consultancy for Executive Coaching For Regulatory Compliance Visits
The UK Financial Services Regulator is well known for doing themed visits as well as ARROW and ARROW Light visits to firms.
Are you prepared for your next visit?
Are you amongst the selected number that can expect a visit in the next 2 years?
Have you tested your MiFID data recording requirements?
Have you checked that your business cases actually justify the advice given?
Does your TCF MI provide sufficient information?
Isn't it worth having your people, processes & product independently checked before the FSA want to?
ARROW II (or any other regulatory visit) preparation can be daunting and a little intimidating, but what is important to remember is that this is your opportunity to show how effective and professional you are in running your business.
Recent Business Risk Awareness Workshops across the UK have helped show how to get firms ready for the future post-RDR, but what about getting the people ready?
We take your top executives and give them a thorough briefing on what's hot and what's not; We explain to them what is expected for the persons of significant influence to know and be able to relate and then put them through a an interview scenario, asking similar questions to the regulatory visit team. We video the interviews and score them with a debrief on the shortfalls, omissions and errors made. A short time later we will provide a revisit and re-conduct the interviews and provide final feedback and tips for success.
- Total Views
- Views on SlideShare
- Embed Views