Compliance/Regulatory - Searchlight Insurance Training

Compliance/Regulatory - Searchlight Insurance Training


Anti Bribery and Corruption

Thematic reviews and continuing enforcement actions against brokers and insurers have shown that bribery and corruption remains a high FCA priority. “Given strong regulatory focus and previous publications on

Course duration: 0.5 day(s). Click here for full details

Claims Management Regulation

This interactive workshop provides an overview of the history of Claims Management Regulation (CMR) as implemented by the Compensation Act 2006, and relates that to some of the more common practices. It can provide an introduction for those

Course duration: 1 day(s). Click here for full details

Conduct Risk and Training & Competence within your firm

The FCA believes that poor culture and controls continue to threaten market integrity. This interactive workshop will explore the links between Conduct Risk, People Risk and culture and how implementing effective Training and Competence (T&C)

Course duration: 1 day(s). Click here for full details

Conduct Risk and Treating Customers Fairly

Contrary to a commonly held misconception that Conduct Risk has superseded it, Treating Customers Fairly (TCF) remains at the heart of the Financial Conduct Authority’s (FCA) objectives. However, Conduct Risk provides an added dimension which firms

Course duration: 1 day(s). Click here for full details

Consumer Insurance (Disclosure & Representations) Act 2012

This workshop provides an overview of the Consumer Insurance (Disclosure & Representations) Act 2012, what the new law means and how business processes will need to change. This legislation is the biggest change in the complex rules

Course duration: 0.5 day(s). Click here for full details

Corporate Manslaughter for Insurance Brokers

This is an intermediate/advanced level, interactive  workshop, focusing on work related deaths, the implications for brokers and their clients and the risks of individual and corporate liability arising from such accidents. The workshop is a half

Course duration: 0.5 day(s). Click here for full details

Culture, tone and good business practice – Fulfilling the FCA’s expectations (SearchBite)

An understanding of the key part that Culture, Tone and Good Business Practice play in regulated business is essential to navigating today’s regulatory environment successfully . This intensive 2 hour

Course duration: 0.2 day(s). Click here for full details

Data Protection and Information Security in General Insurance – Introduction (SearchBite)

This intensive two hour SearchBite will consider the Data Protection principles and the importance of information security within the General Insurance sector. The Data Protection Act controls how personal information is used by organisations,

Course duration: 0.2 day(s). Click here for full details

Extending the Senior Managers and Certification Regime (SMCR) to General Insurance

HM Treasury is set to extend the Senior Managers and Certification Regime (SMCR) across the entire UK Financial Services sector in 2018. This includes all insurers covered by the existing Senior Insurance Managers Regime (SIMR) and all non-SIMR firms

Course duration: 0.5 day(s). Click here for full details

FCA regulation of insurance brokers

This interactive session highlights what FCA conduct and prudential regulation means for brokers. The FCA’s proactive and pre-emptive philosophy is very different to the FSA's previous approach and this session explores the FCA’s ideas

Course duration: 0.5 day(s). Click here for full details

FCA supervision of the insurance market

1 April 2013 marked the introduction of a new regulatory regime for the UK’s financial services sector. The FSA was replaced by the twin peaks of FCA and PRA and this has heralded a new approach to regulatory supervision. Out has gone the

Course duration: 0.5 day(s). Click here for full details

Financial Promotions

Financial promotions are an inherent part of bringing the financial product and the client together to transact business. As such, it is subject to regulation by the FCA. For those

Course duration: 0.5 day(s). Click here for full details

General Data Protection Regulation (GDPR)

From 25 May 2018 the EU General Data Protection Regulation (GDPR) will apply to all organisations handling the data of EU citizens. The government has confirmed that Brexit will not affect the UK’s implementation of GDPR. Why? Because the new

Course duration: 0.5 day(s). Click here for full details

General Insurance and Protection: FCA’s ‘Burning Issues’ – 2014 and beyond (SearchBite)

The FCA has published two key documents: its 2014/2015 business plan and the 2014 Risk Outlook. These documents clearly signpost the FCA’s intentions for closer scrutiny and consideration of particular issues and points of concern within the

Course duration: 0.2 day(s). Click here for full details

Governance, Risk and Compliance

Examining the question, ‘Compliance or Good Business Practice?’ this course focuses on the triumvirate of governance, risk and compliance, as well as considering the vital importance of senior managers taking responsibility for setting the

Course duration: 0.5 day(s). Click here for full details

Handling Client Assets and Money – Financial Services

The aim of this workshop is to provide a broad overview and understanding of the FCA Rules, particularly in CASS 3, 6 and 7 and the general compliance requirements associated with the handling of client assets and money. It is designed for

Course duration: 1 day(s). Click here for full details

Handling client assets and money – General Insurance

The FCA views client money handling by general insurance as a key business risk, central to consumer protection. The FCA continues to discover breaches of its Client Assets rules (CASS 5) – a zero tolerance, rule based regime - and will takes

Course duration: 1 day(s). Click here for full details

Handling Complaints in a Regulated Environment

Combining FCA regulations on complaint handling with information from the Financial Ombudsman Service and general principles of customer service and complaint handling, this workshop is suitable for all who handle insurance related customer

Course duration: 1 day(s). Click here for full details

How to carry out a compliance audit

The importance of an internal audit function relating to the broking/intermediary/insurance industry needs to be re-emphasised and an effective internal audit function should serve as a resource to the management.  Compliance audits are routinely

Course duration: 0.5 day(s). Click here for full details

Implementing the Insurance Distribution Directive (IDD)

The Insurance Distribution Directive (IDD) is the successor to the existing Insurance Mediation Directive (IMD) which was implemented in 2005. IMD brought with it specific conditions for initial authorisation and ongoing regulatory requirements for

Course duration: 0.5 day(s). Click here for full details

Information disclosure: DPA and FOI

The Data Protection Act 1998 (DPA) commenced on 1 March 2000, with most of its provisions being effective from 24 October 2001.  It replaced and broadened the Data Protection Act 1984.  Anyone who processes personal information must comply with the

Course duration: 0.5 day(s). Click here for full details

Insurance conduct of business and regulation (selling, advising and administration)

The Insurance Conduct of Business Sourcebook and the rules for selling are often difficult to understand.  This workshop will examine the specifics relating to the selling process from beginning to end and will help delegates understand and apply

Course duration: 1 day(s). Click here for full details

Insurance Financial and Operational Risk Management

Solvency II is putting risk management on the agenda for every insurer. There is also a business imperative for practical risk management to be integral in strategy and operational management. Risk management will feature within every manager’s

Course duration: 1 day(s). Click here for full details

Introduction to Compliance

an introduction to regulatory compliance and the function of a compliance team To a lot of business people regulatory compliance can appear if not daunting, then rather dreary and unexciting. As a result, responsibility

Course duration: 0.5 day(s). Click here for full details

Introduction to financial crime

This course outlines the threat of financial crime and its consequences for the insurance industry,  and the key anti-financial crime controls that firms should have in place.

Course duration: 1 day(s). Click here for full details

Managing Capital Resources

The FCA has spelt out its concerns that brokers may underestimate the risks they face. They can fail, as a consequence, to maintain realistic working capital and solvency which may expose the business to failure. Simply maintaining the MIPRU

Course duration: 1 day(s). Click here for full details

Managing Conflicts of Interest

Conflicts of interest remains an FCA priority and Principle 8 states that a firm must manage conflicts of interest fairly both between itself and its customers and between a customer and another client.  Responsibility for identifying conflicts and

Course duration: 0.5 day(s). Click here for full details

Managing Insurance Conduct Risk under the FCA

The implementation of the EU’s General Data Protection Regulation (GDPR) and Insurance Distribution Directive (IDD) during the course of 2018 mean that it’s now more important than ever for regulated firms to understand the implications and

Course duration: 0.5 day(s). Click here for full details

Managing the risk of Errors and Omissions

To be human is to err, but financial services firms face the challenge of managing the risk of errors and omissions. This seminar will assist delegates in understanding what risk management of E&O means for them and their firms and will help

Course duration: 0.5 day(s). Click here for full details

Money Laundering/Data Protection

This is a half day interactive workshop covering the following:

Course duration: 0.5 day(s). Click here for full details

Practical Risk Management for Insurance Brokers

Insurance brokers can underestimate the risks they face. The FCA has spelt out its concerns that one consequence is a failure to maintain realistic resources which may expose the business to failure. But many brokers do not just fail to manage

Course duration: 1 day(s). Click here for full details

Regulation of Consumer Credit – Why, when, who and how?

On 1 April 2014, regulation of Consumer Credit passed from the Office of Fair Trading to the Financial Conduct Authority (FCA). This transfer of responsibility completes the UK government’s objective to bring conduct of business regulation under

Course duration: 0.5 day(s). Click here for full details

Responsibilities of Approved Persons in Significant Influence Functions

The FCA emphasise the crucial role of approved persons in Significant Influence Functions. The personal accountability and transparency that accompanies it is only increasing in the light of the recognition of how much the behaviour of executives and

Course duration: 0.5 day(s). Click here for full details

Roles within Compliance

Compliance roles are often glossed over  However it is important to establish strict guidelines as to the responsibilities of the compliance professionals within a firm from the outset. Organograms are a useful tool to establish exactly what the

Course duration: 0.5 day(s). Click here for full details

Senior Insurance Managers Regime

On 13 August 2015 a significant milestone was reached in the implementation of the Senior Insurance Managers Regime (SIMR) with the publication of final rules and guidance. These set out the PRA's

Course duration: 1 day(s). Click here for full details

Solvency II

The introduction of Solvency II across Europe may be delayed, but many of its principles and processes are already being adopted in the UK for the prudential regulation of insurers. This course is designed for insurance professionals who are not in

Course duration: 1 day(s). Click here for full details

The Consumer Insurance Act (SearchBite)

This legislation is the biggest change in the complex rules surrounding disclosure for over 100 years and fundamentally alters the way in which material facts are obtained. This intensive 2 hour SearchBite provides a detailed understanding of

Course duration: 0.2 day(s). Click here for full details

The Fraud Act – how to maintain a risk-based approach

Undetected general insurance claims fraud totals approximately £2.1billion a year, adding on average £50 to the annual costs individual policyholders face each year.  This workshop will look at the Fraud Act 2006 section by section and apply the

Course duration: 0.5 day(s). Click here for full details

The Insurance Act 2015

This legislation is the biggest change in insurance law for over one hundred years and fundamentally alters the law on material facts and warranties. Therefore staff at all levels need an understanding of the new legislation and how it might apply in

Course duration: 0.5 day(s). Click here for full details

The Insurance Act in practice

This half day workshop is designed for staff and executives of insurers and brokers who wish to gain a better appreciation of how this legislation has changed insurance practice and wordings, and what still needs to be done. This legislation was

Course duration: 0.5 day(s). Click here for full details

The role of the Compliance Officer

With regulatory emphasis now being placed firmly on application of principles-based, rather than ‘tick-box’ compliance, the compliance officer’s role has become far more consultative in nature. A purely directive approach to compliance is no

Course duration: 0.5 day(s). Click here for full details

Treating Customers Fairly and the FCA (SearchBite)

TCF, with its focus on consumer outcomes, is central to the FCA’s work to ensure a fair deal for consumers. It underpins the delivery of FCA’s statutory consumer protection objective and the future objectives of the regulator. This intensive

Course duration: 0.2 day(s). Click here for full details

Face to Face Workshops

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