Director Support Programme
Many Directors of Financial Advice Provider’s or Authorised Bodies, may not understand their very real obligations in that role as distinct from their role as an adviser. In an environment with an active regulator, there is a gap in training, skills and knowledge that needed to be filled.
The Compliance Refinery, in partnership with governance experts Faraday & Company has created the Director Support Programme. It is a course designed to ensure Directors have the knowledge and skills to act in their capacity under the full licencing regime.
Regulatory returns, outsourcing due diligence, business continuity and technology systems, material changes notifications, maintain ongoing requirements, cybersecurity, training and development processes - if you ask anyone who is in the process of submitting a full licence application as a Financial Advice Provider, you will learn very quickly that the focus of the submission is on the business and governance.
Good governance in any business is essential and includes setting the purpose and values of the business. This ensures everyone has the skills to fulfil their roles, holding the business and its people to account and ensuring good governance hygiene is exercised.
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