DESCRIPTION
The FCA’s training and competence regime is designed to ensure that the financial services workforce is appropriately qualified and well regulated.
In this course we explore what it means to be a ‘competent employee’ in a General Insurance firm. We cover the key regulatory requirements for training and competence, what makes an effective and comprehensive training and competence framework, identifying, assessing and maintaining competence, as well as the requirements for competent supervision and record-keeping.
This course is designed for people of all levels working in a general insurance firm to gain a top-level understanding of the importance and requirements of the FCA’s training and competence rules and guidance.
OBJECTIVES
- Recognise the regulatory importance and requirements of an effective training and competence programme
- Recognise and understand the key components of developing, implementing and maintaining minimum competence requirements for individuals within a regulated firm
