Duration: 2 Hours (2 CPD Points)
Location: Dubai, UAE
Upcoming Dates: 21 Sep 2020
Regulators are increasingly emphasising the importance of Conduct and Culture as one of their top priorities. However, whilst many of the largest firms have undertaken wide-ranging projects to address Conduct issues, many small and medium-sized firms have so far done little to identify, and articulate, the Conduct Risks that are...
Regulators are increasingly emphasising the importance of Conduct and Culture as one of their top priorities. However, whilst many of the largest firms have undertaken wide-ranging projects to address Conduct issues, many small and medium-sized firms have so far done little to identify, and articulate, the Conduct Risks that are of particular relevance for them.
This module explores the concepts of Conduct Risk and Culture, and how they relate to ‘Treating Customers Fairly’ (TCF). It also considers the practical aspects of addressing Conduct Risk, including the role of the Board, as well as the practical steps required to develop and implement a Conduct Risk Programme.
This module is part of our DFSA SEO & Compliance CPD Programme, designed to meet the DFSA's mandatory Continuing Professional Development (CPD) requirements. The DFSA require Senior Executive Officers (SEOs), Compliance Officers and Money Laundering Reporting Officers (MLROs) to complete 15 hours of relevant CPD training every 12 months.
Each of the four modules in our programme consist of a two-hour training course delivered in the DIFC, with one module being delivered every quarter. Upon completing each module, participants will be awarded 2 CPD points. Participants can opt to take one or two modules on a standalone basis or the complete programme and attain eight CPD points.
Who is this for?
Strictly reserved for Senior Management and Senior Compliance staff of DFSA regulated firms.
- The meaning of Conduct Risk and the role that Culture plays
- TCF v Conduct Risk
- The Conduct Risk Programme
- DFSA’s expectations around conduct and culture
- The role of the Boards and the NEDs
- Conduct risk and strategy
- Product design
After attending this course, participants will be able to:
- Explain the meaning of Conduct Risk, and the role that Culture plays
- Explain the difference between TCF and Conduct Risk and how to put together a Conduct Risk Programme
- Demonstrate to regulators how culture and conduct are embedded in their firms
- Include conduct risk and culture in the operations of the Board and the NEDs
- Know how Conduct Risk affects strategy and product design