FSA compliance is important for any financial advisory institution to maintain the professionalism of their business, costumer confidence and to preserve the sustainability of the financial services industry as a whole.
If you are new to meeting with compliance and want to learn how, you can conduct research into the benefits of FSA online, or download, purchase or access the online FSA Handbook. You can also look into the many free FSA training E-courses available, and find which training program suits the needs of your particular business. You also have the option of getting tailored in-house training.
Training programs include several modules:
- payment services and banking conduct regime
- capital requirements
- complaints handling 2009
- client money for general insurance intermediaries
- conduct of business source book (COBS)
- financial crime
- markets in financial instruments directive (MiFID)
- retail mediation activities return (RMAR) and GABRIEL
However, the first, most important step in meeting FSA compliance is to simply be authorized by the FSA. Then follow the rules as outlined in the FSA handbook, and submit the required notifications for their assessment and regulation of your firm.
