Director Support Programme for FAP Businesses
12 May 2022
Director Support Programme
The tasks and responsibilities of a Director can be difficult, isolating and require certain technical knowledge.
Compliance Refinery in partnership with governance specialists, Faraday & Company is offering this course to assist Directors of FAP’s in understanding their obligations, potential liabilities and how to optimally govern their business. Legislative and Regulatory change has moved the bar for Directors of financial advice businesses, as a Director you now have an active regulator observing your business.
Why is this important to your license? If you want to get your license, you must consider your Director capabilities and how you will evidence ongoing skill increases.
The FMA has released the Introductory Guide to full license requirements, this specifically asks: “Does the FAP have an approved documented policy to ensure that the FAP’s directors and senior managers have the right skills and experience for their roles (both on commencement and ongoing)?” “The knowledge and skills of directors and senior managers must be maintained, and their combined skill set should provide sufficient capability to deliver and manage the FAP’s licensed services. The impact of changes of directors and senior managers should also be considered.”
The FAP license application specifically asks: “Do you have an approved documented policy to ensure that your directors and senior managers have the right skills and experience for their roles, both on commencement and on-going?”
Who will benefit from this course:
• Directors applying for a FAP License.
• Directors of a business with a transitional license or Authorised Bodies?
• Directors wanting to better understand their Obligations.
• Directors wanting to grow their business and understand the potential risk/reward of that strategy.
• Directors wanting to reduce the risk in their business and protect the ‘value’ of the business.
What you will learn
• Understand what governance is and how it services your business in a positive way.
• Understand your key duties as a Director
• Understand how you think like a Director to drive growth and minimize risk in your business
• Know how to apply those duties in practical terms to your business
• Have access to 8 critical tools for governance planning
• Achieve 5 CPD points towards your Professional Development Plan.
Pricing $899 per director
Event location
This is a virtual event and is the live portion of a 4-part totally online course of study for directors of FAP businesses.Event date/time
Course 1: Thursday, 10 March 9am-noon Course 2: Thursday, 7 April 9am-noon Course 3: Thursday, 12 May 9am-noonEvent contact information
Download this event in iCalendar format (for Outlook, iCal, etc)
