Best execution

Last few places

Wednesday 5th August, 2020

Delivered Virtually, Online Workshop

Attendee Fees: Non-members: £450 (VAT Exempt), Members: £225 (VAT Exempt)

Time: 09:00 - 12:30

Duration: 3 hours

This event has passed.

Duration: 3.5 hours
Timezone: BST
Timings: 9.00-12.30 (a break will be provided)

Despite extensive published guidance from the FCA, many firms have still not adequately got to grips with the essence of FCA’s expectations and do not have policies that adequately reflect what firms actually do and leave firms open to action from the FCA for not being able to show they are acting in the best interests of their clients. Based on experience from multiple best execution projects, this online course highlights the key areas where firms fail and how firms can make their best execution policies genuinely embedded and value-added.

Course Overview

Understand the extent of the flexibility these rules provide you with and what that means for your policy, procedures and processes
How differentiated should your policy be
Are the right people owning the governance and oversight of the policy?
Who is drafting it? Are they the right people?
Is your policy a reflection of what you really do
The importance of training for a common understanding throughout the business

Agenda

Introduction
The CESR/ESMA Guidance – what does it tell us?
Definitions – how much freedom these rules really give you
FCA’s Thematic Review concerns
Common practical failings
Governance and oversight issues
Strategies for reviewing your framework

Trainer

The session will be delivered by Gary Pitts.

Gary has been a compliance professional for over 25 years, having started his career at Lautro and the Personal Investment Authority and including spells at Threadneedle, Henderson (managing the N2 transition), Head of Compliance at hedge fund Brevan Howard and Head of Compliance Europe, Mid-East, Africa and Japan for a boutique investment bank. Since 2013 he has run his own regulatory and training consultancy, Tetractys, with operations in the UK and Ireland. Tetractys focuses the importance of governance as driver of good compliance outcomes. He delivers open and bespoke training course and external Board effectiveness assessments. Gary has a particular interest in cyber security governance and the impact of digitisation on compliance and business processes.

Gary has held controlled/senior manager functions since 2001, has been a director of regulated companies in the UK and South Africa and is also a regulated person in Ireland. Gary is a Fellow of the Chartered Management Institute and holds an MBA from the Open University Business School and Maters degrees from Oxford and London Universities.