How to Ensure your Brokerage is Running Effectively: Infrastructure, SM&CR, Procedures and the Impact of Brexit, with Effecta Compliance and RegRisk

Financial services compliance is becoming increasingly more complex, and the regulatory landscape is continually changing and evolving. This can be seen through the regulatory fines imposed on firms both large and small, as well as the “Dear CEO” letters issued to the most senior executives of regulated firms designed to highlight compliance failings and holding senior management accountable, which is consistent now in the post SM&CR world firms live in.
The easiest and most efficient way to get comfortable that your firm is complying with all the applicable regulatory requirements is to undertake a focused “deep dive” independent FCA Regulatory Health Check of your current internal compliance systems and controls. Even if your business is in its infancy, an annual high-level Compliance Assurance review that your basic regulatory obligations are being undertaken correctly and all areas are being covered adequately, to make sure you are in compliance with your FCA Scope of Permission Notice, and your regulatory controls are appropriately documented, is a cost effective and prudent approach to help a firm monitor that it is on top of its compliance arrangements.
Effecta Compliance and RegRisk assist firms specifically in the brokerage sector in ensuring that they have adequately documented and implemented their internal systems and controls including specifically in relation to trade and transaction reporting.  Having undertaken several of these reviews a general pattern of key “issues” have been identified and this webinar will set out common areas requiring attention and areas which the FCA are focusing on when undertaking their reviews.

If you would like to attend this video conference round table, please email: events@thebrokerclub.org