Association of Professional Compliance Consultants

The body for compliance consultants who advise firms regulated in the UK.

The APCC is active in enhancing the professional standards of compliance consultants and is recognised as a trade body by the FCA and other regulators. This provides our members with significant benefits in terms of direct access to the Regulators as well as business leads.  The APCC often works in conjunction with the FCA to pilot or test new initiatives, and we also provide with valuable feedback on specific subjects as requested by them.

Loading Events

« All Events

Consumer Duty Session

August 3 @ 10:00 am - 11:00 pm

£45

The FCA’s new Consumer Duty  – what does this mean in practice for firms?   

 The FCA recently published a consultation paper (CP21/13) on its plans to introduce a new Consumer Duty. The Consumer Duty will consist of:

  • A Consumer Principle that reflects the overall standards of behaviour the FCA wants to see from firms.
  • Cross-cutting Rules that develop and amplify the standards of conduct the FCA expects under the Consumer Principle.
  • Four Outcomes that will drive a suite of rules and guidance, setting more detailed expectations for firm conduct across key elements of the firm-consumer relationship.

The FCA wants to see better outcomes for customers, making better decisions in their own interests. One of the aims of the Consumer Duty is to increase confidence that customers have in financial services. The FCA also states that firms should take additional care to ensure vulnerable consumers receive outcomes that are as good as for other consumers. This is consistent with its recently published guidance on the fair treatment of vulnerable consumers. During this session we will examine the FCA’s proposals and how they will impact on firms. It will give you an overview of the FCA’s expectations and intended changes, so that you can consider the effect of these on your clients activities and how you can provide support to them in this area.

The content will cover:

  • Why FCA CP21/13 has been issued
  • An overview of the FCA’s proposals
  • What firms needs to start considering
  • Some key questions about the new Consumer Duty
  • Questions answers and debate on this topic –  a Consultants view of this new duty.

Speaker

Hear from someone who worked as a regulator at the FCA for over 13 years.

Adrian is a consultant from an APCC member firm, who has over 30 years’ experience in financial services compliance, risk management and regulation. Adrian worked in Supervision overseeing General Insurance & Mortgage brokers, IFAs, Asset Managers and Stockbrokers. He also has first-hand working experience of consumer credit and claims management firms.

 

IMPORTANT INFORMATION

If you have any enquiries on this form please contact us here. Telephone enquiries can also be made to 0203 195 3827 . If you are registering more than one delegate then please complete a separate form per delegate.

To register: Complete the delegate details section and an invoice for payment will follow in due course.


Joining Instructions: Once you have been allocated a place, we will confirm this to you by e-mail.


Data Protection: Your data will only be used for the purposes that we have collected it for, however, your details will be appear on information provided to other third parties such the venue organisers for their security arrangements, other delegates etc.


Every now and then, we would like to send you information about the APCC, including update emails and invitations to events. Submitting your details tells us that you have agreed for this occasion and you also agree to our privacy policy. You can, of course, opt out at any time.


Change of delegate: If you are unable to attend the forum and one of your colleagues is attending in your place please confirm this change here.

Details

Date:
August 3
Time:
10:00 am - 11:00 pm
Cost:
£45
Event Category:

Venue

(Virtual Event)
United Kingdom

Organisers

APCC
Create Solutions