DPB and Consumer Credit: Refresher and Update

Objectives

Many firms want to give a complete service to clients but working with Financial Advisers and dealing with commission is a complex regulatory area.

The course will help those firms with a DPB licence to understand how they can benefit from the rule and the key procedures they need to implement.

Firms that do not have a DPB licence will benefit from an understanding of the work they are excluded from, when working with clients and financial advisors.

Key topics

• An overview of the investment business environment
• Identifying regulated investments and regulated activities
• Implications of the regulations for accountancy firms
• Necessary procedures where there are Exempt Regulated Activities
• Risks and procedures when introducing / referring to a financial advisor
• QAD Review Findings at DPB firms
• Understanding the Consumer Credit Regulations

Who should attend

Principals in DPB licenced firms, and those responsible for compliance in unlicenced firm.