Evidencing ‘Reasonable Steps’ - What Do the FCA Expect?

Introduction

For senior managers, clarity on what constitutes ‘reasonable steps’ and how to evidence that the appropriate reasonable steps have been taken is proving to be a challenge for many firms.

This new full day course will provide practical guidance on the behaviours expected in respect of evidencing reasonable steps so that senior managers are comfortable and confident in managing their responsibilities.

The course is geared towards Senior Managers (SMFs) of FCA authorised and regulated firms, as well as Certified Compliance Functions, Heads of Compliance and Compliance Managers.

What You Will Learn

This course will cover the following:

• Introduction to reasonable steps
• What the FCA tells us
• Telling your story
• Breaking it down
• SMF duty of responsibility
• Framework example for a senior manager
• What does the evidence look like?
• Summary