COMPLIMENTARY CEFPRO WEBINAR
FCA Compliance to market abuse regulation: Identifying conflicts to prevent market abuse
Live Webinar taking place: Tuesday 10 November, 10am GMT
CeFPro have partnered with MyComplianceOffice on this complimentary live Webinar to discuss FCA compliance to Market Abuse Regulation: Identifying conflicts to prevent market abuse.
The Market Abuse Regulation states that firms must take all appropriate steps to identify and prevent or manage conflicts of interest between the firm’s employees, managers, and clients.
In 2020, a variety of compliance issues and conflicts of interest were raised due to the current crisis and market uncertainty. The FCA, for example, has been issuing several warning notices to firms, so they can understand the types of behaviour that the FCA considers unacceptable at an earlier stage, which in turn should encourage more compliant behaviour and the correctly monitoring of employee’s activities.
The current FCA regulatory focus is to make sure firms have the ability to identify and prevent conflicts of interest. The FCA emphasises that, during and after the pandemic, it would continue to monitor, make enquiries, investigate and if necessary, take enforcement action to protect the market. In early April, the FCA revealed that several investigations were under way, and recently published a decision note seeking to fine and ban WSL former CEO for illegalities under the Market Abuse Regulation.
In this webinar, we will discuss the FCA expectations on the management of conflicts of interest on how compliance can be enhanced to prevent insider dealing, misuse of MNPI, personal account dealing, and illegal short-selling with better systems and controls.
Key agenda topics discussed will include:
• Identifying and Preventing Conflicts of Interest
• Types of Conflicts and real cases example (situations in which a conflict could arise)
• Identification and Disclosure of Insider Information
• Personal Account Dealing and PAD policy under FCA Rules
• Practical challenges
• Q&A Session
Chief Risk & Compliance Officer
Gulf International Bank
Partner in Financial Services