Complyport provides training both online through ComplyTrainer and face-to-face depending on a firm’s (or individuals) training needs.
We understand that firms have wide ranging learning and development needs based upon EU and UK regulations.
New regulations such as the Senior Managers Regime (which require all staff to understand and comply with the Conduct Rules) and thematic reviews on areas as diverse as flows of confidential information through to the suitability of portfolios are the stimulus for training and in many cases HR departments or Learning and Development teams do not have the resources or technical knowledge to cater for all needs.
At Complyport we have the regulatory know-how to deliver detailed technical training on specific areas – and the skills to conduct detailed training needs analysis and produce training delivery to cater for various styles of learning.
Rather than conduct ‘death by PowerPoint’ we can facilitate different learning environments which can be classroom based or smaller, interactive, discussion led sessions so attendees gain the most from their learning experience.
We work with firms and listen so we can produce the most efficient solution for their needs.
One of our most popular products is the ComplyTrainer online training module. It is convenient and accessible, covering various statutory requirements (i.e. AML, Market Abuse and Anti Bribery), and our firms believe it presents excellent value for money.
Compliance staff find the MI invaluable in demonstrating they have delivered timely relevant training to relevant staff.
Why Training is required under UK law and FCA regulations
Both ComplyTrainer and our face-to-face service provide you with training in a variety of set topics.
For firms working in the financial services arena, even if not directly subject to Money Laundering or Market Abuse regulations, our training courses provide demonstrable evidence of training and education on these important issues.
Smaller firms may not be subject to the Money Laundering Act 2007 but all firms need to be able to demonstrate they have controls in place to comply with the Proceed of Crime Act 2002 and can evidence they understand concepts such as ‘tipping off’ and the submitting of suspicious activities reports (SARs).
Consider also that the Bribery Act 2010 applies to all UK entities (and potentially firms outside the UK) and firms should provide training to protect themselves and individual staff.
Training on Market Abuse, the Bribery Act and Money Laundering regulations can assist firms in demonstrating compliance with the separate pieces of legislation that apply.
Further training courses, such as our Compliance Oversight and Treating Customers Fairly courses are a boon to senior management and those new to oversight roles.
They can also be used as part of a structured plan to facilitate the creation or engenderment of an appropriate corporate culture, signalling that the firm intends to put the customer at the heart of its operations (and setting the right ‘tone from the top’ by investing in its staff in this endeavour).
For those who are approved persons (or are applying to become approved) and have person liability under the Financial Services and Markets Act to comply with the ‘The Fit and Proper test for Approved Persons’ (FIT) and ‘Statements of Principle and Code of Practice for Approved Persons’ (APER) our Approved Persons training explains the regime that applies and the standards expected of you from the FCA.
To find out more, please see our ComplyTrainer page
Complyport offers a full range of engaging and relevant subjects tailored to both the size and sector of the business in question, focusing on active learning, understanding and, most importantly, application skills. The service offers a ‘suite’ of specialist training modules that includes.
- Risk Management
- Market Abuse
- Anti-Bribery and Corruption
- AML, Prevention of Financial Crime and Counter Terrorist Financing
- Treating Customers Fairly
- Conduct of Business Regulations
- Corporate Governance
- FCA Reporting
- Investigations, Enforcement
- Senior Management Responsibility and Accountability
The Hong Kong office supports training and awareness courses relevant to both Hong Kong and Singapore legislation and regulatory environments. Tailored sessions can be prepared according to the firm’s needs or the level of staff the presentation is being given to.