Course description
CISI Certificate in Capital Markets - UK Financial Regulation
The CISI Capital Markets programme is a wide range of qualifications for individuals working within the financial services industry. Our CISI Capital Markets programme has been designed specifically for professionals looking to further their career in financial services.
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Upcoming start dates
Suitability - Who should attend?
It is suitable for practitioners involved in the securities and / or derivatives sectors. This entry-level qualification for the Capital Markets / Wholesale Sector is increasingly used as a benchmarking tool by major banks and investment firms to ensure that staff possess practical knowledge which can be immediately applied to business activities.
No previous qualifications are required.
Training Course Content
Unit-1: UK Financial Regulation
This unit considers the regulatory environment in the UK. The Financial Services Act came into force on 1st April 2013. This gives the Bank of England responsibility for protecting and enhancing financial stability. It also abolishes the Financial Services Authority (FSA) and creates a new UK regulatory regime, consisting of the Financial Policy Committee (FPC), the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).
The material also looks at the detail regulated activities and specified investments, the authorisation process for firms and the approval process for individuals performing controlled functions. Thereafter, we consider other sources of regulation including measures designed to prevent financial crime as well as considering a number of European Union (EU) Directives, with special emphasis on the Markets in Financial Instruments Directive (MiFID).
The next part of the syllabus is extremely important since it considers the Conduct of Business Rules (COBS) and Client Assets Rules. MiFID has had a dramatic impact on these rules and this underlines the fact that regulation is increasingly being determined at the European level.