DESCRIPTION
Following the introduction of the Senior Managers and Certification Regime (SM&CR), this course is of limited relevance, except in relation to Appointed Representatives. If you do not work for a firm that is an Appointed Representative or have significant involvement with Appointed Representatives, our courses on the Senior Managers and Certification Regime will be more appropriate for you.
OBJECTIVES
At the end of the course you will be able to:
- Recognise the circumstances in which the Approved Persons Regime applies
- Understand how the Approved Persons Regime has been superseded by the Senior Managers and Certification Regime
- Explain the responsibilities of an Approved Person
- Demonstrate an understanding of what might happen should the approved person act outside of their authority
- Explain how the FCA approves individuals.
