Board Meetings & Governance - What the FCA Expects

Introduction

The SMCR has not gone away and is even more important than ever. It’s vital that firms turn their attention to living and breathing ‘reasonable steps’ in the boardroom, focusing on evidencing their governance and oversight as senior managers.

This in-person seminar will be relevant to the senior managers and Boards of FCA authorised and regulated firms, Compliance and HR.

What You Will Learn

This course will cover the following:

• FCA requirements and expectations of the boards of FCA authorised and regulated firms
• Why the culture of your organisation matters
• How to ensure that your board fully understands its responsibilities
• What kind of input you should expect from your non-executive directors
• How to plan an appropriate compliance sub-agenda for your board meetings
• How to undertake valuable compliance discussions within a board meeting
• How to appropriately minute board meeting discussions about compliance
• Common mistakes made by the boards of FCA authorised and regulated firms
• Why a positive compliance culture is key
• What good governance looks like
• What kind of professional development directors and senior managers should be undertaking
• Information about the performance management of the board and its members