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Home / Webinar / DPB Licences and Financial Advice - The Right Side of the Line

Pricing

Non member £99.00 + VAT

Presenter

Dave Norris

About Dave
Book now

What's Included

  • Expert Knowledge from an Industry-Leading Speaker
  • Verifiable CPD hours
  • CPD Tracking and Certificate
  • Live Webinar (if a future date is listed) with Q&A
  • The Recording of the Event
  • Supporting Materials

Objectives

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, to ensure they remain compliant

Key topics

INVESTMENT BUSINESS – AN OVERVIEW

  • Introduction
  • Key legislation
  • Permitted Individuals (PIs)
  • ICAEW Personal Financial Planning Community
  • Annual return
  • DPB compliance review
  • DPB Update
  • DPB Update Issue 15 – June 2023
  • DPB Update Issue 14 – January 2023
  • DPB Update issue 13 – January 2020
  • Referral fees and commissions: client consent is your responsibility – February 2024
  • Commissions and fees: fully informed consent – January 2025
  • DPB (Investment Business) Monitoring Results 2024 – March 2025
  • Summary results

REGULATED INVESTMENTS AND REGULATED ACTIVITIES

  • What situations are regulated?
  • What investments are regulated?
  • What activities are regulated?
  • Activities that do not require a DPB licence
  • Conclusion

WHAT DOES THIS MEAN FOR ACCOUNTANCY FIRMS?

  • Background
  • Definitions
  • Ethical considerations
  • Unregulated advice and competence
  • Independence
  • Objectivity

PROCEDURES FOR EXEMPT REGULATED ACTIVITY (ERA)

  • General conditions
  • Incidental and Complementary
  • Disclosure of regulated status
  • Brochures and website

INTRODUCTIONS AND REFERRALS TO FINANCIAL ADVISORS

  • Who to refer to
  • What kind of activity is it?
  • Commission rules
  • Investment return v Commission
  • Record keeping
  • Initial referral / introduction documentation
  • Client property
  • Personal Appointments

CONSUMER CREDIT REGULATION

  • Background
  • Who is a consumer client?
  • What is credit?
  • Payment of a firm’s fees and credit regulation
  • Regulated activities involving credit
  • Debt management plans
  • Working Papers

Who should attend

Principals in DPB licensed firms, and those responsible for compliance in unlicensed firms.