Evidencing ‘Reasonable Steps’ - A Guide for FCA Regulated Firms

Introduction

Clarity on what constitutes ‘reasonable steps’ and how to evidence that the appropriate reasonable steps have been taken still presents a challenge for many senior managers under the SMCR.

This new virtual classroom seminar will provide practical guidance for senior managers on the regulatory requirements, actions, and behaviours expected under the Tier 2 conduct rules.

Whether you are new to the senior manager role, or whether you’re refreshing your knowledge, this session will challenge your existing understanding about where the regulatory focus really lies.

It is geared towards senior managers (SMFs) of FCA and PRA firms, as well as risk, audit, certified compliance functions, heads of compliance, and compliance managers.

What You Will Learn

This live and interactive session will cover the following:

• What the FCA tells us about what it expects
• Key areas of concern
• A framework example for a senior manager
• What good evidence of reasonable steps looks like
• The hot spots which are often missed
• What to do if it all goes wrong

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.