Asset Finance

Consumer Finance

Motor Finance

Understanding how the FCA regulate consumer credit


Registration from 09.30 – Finish 17.00

Journey to the FCA

  • The transformation of the FSA to the FCA
  • FCA Statutory Objectives
  • Reactive to proactive “Principles Based Supervision”
  • Guidance vs rules

Supervision under the FCA – What will it look like?

  • Current supervisory climate
  • Risk-based supervision
  • Firms’ classification – C1 – C4
  • Firms’ Systematic Framework explained
  • Interim to full authorisation

An introduction to a range of High Level Regulatory Standards

  • PRIN – The fundamental obligations of all firms under the regulatory system
  • SYSC – The responsibilities of directors and senior management
  • APER – The fundamental obligations of approved persons (brief overview only)
  • GEN – general provisions

Regulatory Reporting Standards

  • FCA Regulatory Reporting
  • GABRIEL – Online reporting system
  • Timescales and frequency of reporting

The FCA Website

  • FCA website navigation
  • FCA handbooks – familiarisation
  • How to most effectively use the published FCA resources
  • Getting in tune with the regulatory “mood”

Summary and conclusion