The financial services industry has come under increased scrutiny over the last few years. As a result we have seen the regulatory structure, especially in the UK, change from a single regulator to twin-peaks regulation in the form of the Financial Conduct Authority and the Prudential Regulation Authority. In addition we have seen global regulatory developments affect the industry considerably.
The new twin-peaks regulators clearly mean business as we have seen since they came in to force back on 1 April 2013 - LCO- (Legal Cut-over) with headline-grabbing enforcement actions.
The Financial Conduct Authority, as the name suggests, is the regulatory body responsible for safeguarding the conduct and professionalism of the financial services industry in the UK. Supported by professional and trade bodies such as the BBA, ABI, CML, CII, CISI, AIMA, IMA etc the Financial Conduct Authority is striving to restore confidence in the industry. Globally the UK has one of the largest financial markets and many countries and continents look to the UK as a standard setter, which is why it is so important for those within the industry to show a high degree of professionalism and compliance with regulatory and industry standards.
For firms and individuals to remain professional when ensuring compliance and dealing with customers under the Treating Customers Fairly (TCF) regime they must ensure that the industry knowledge that they possess is accurate, current and informed. Having the correct knowledge and training is vital for practitioners. Finding the right event is imperative to securing the right results.
We hope you agree that Industry Events Online is a simple and highly effective solution for delegates and event providers and encourage you to spread the word making IEO the delegate and event providers’ choice for finding and promoting quality events.
Don't forget to sign up to our IEO Linkedin group and if you haven't already then please sign up to our weekly e-newsletter.