Fit & Proper (suitability) requirements: a road to compliance
In financial institutions, key persons must be fit & proper. Fit and proper requirements are one of the cornerstones of the prudential regime, destined to ensure the integrity of the financial sector. Their application requires the intervention of multiple stakeholders (HR, compliance, etc.) and transparent communication with regulators. Regulated entities often face difficulties when implementing them, and these difficulties have increased as the NBB strengthened the fit & proper requirements at the end of 2022.
The objectives of this training are to:
- understand the “Fit & Proper” requirements;
- know how to apply these requirements in practice;
- equip the participant with a very concrete and step-by-step plan to compliance.
Totale prijs *
Leden: € 300
Niet-leden: € 330
Partners/ BZB: € 330
Incompany: op maat, prijzen op aanvraag
* Prijs: prestatie in het kader van permanente beroepsopleiding, vrijgesteld van BTW
Bijscholingsuren
Bank: 3u algemeen
Verzekeringen: 3u algemeen
Consumentenkrediet: 3u algemeen
Hypothecair krediet: 3u algemeen
Compliance:
3u
Bijscholing
Beschikbare data
18/10/2024 - 09:00u - 12:30u - Fit & Proper (suitability) requirements: a road to compliance
Geef ons jouw interesse door indien er geen datum beschikbaar is, de geplande datum voor je niet past en/of deze sessie volzet is. Van zodra een vijftal personen ingeschreven zijn op de interesselijst stellen wij jou een nieuwe datum voor. Jouw inschrijving op de interesselijst is kosteloos en zonder enige verplichting.
Doelgroep
The training course can be taken by various target groups which are active in the following functions, among others:
- Management;
- Compliance;
- Legal;
- HR;
- Procurement;
- ...
Vereiste voorkennis
Basic level training: this training requires no prior knowledge and covers the basics of the subject.
Programma
CONTENT
- Introduction
- Prudential rules vs. rules of conduct
- Main prudential rules
- Ratio legis of the Fit & Proper requirements
- Associated norms
- Regulatory framework
- EU and Belgian legislation
- NBB Manual
- The reform of 2022: the main changes
- Overview of the requirements
- Main principles
- Scope of application
- Suitability criteria
- Suitability policy
- Diversity policy
- Induction and training policy
- Assessment and reassessment
- Reporting
- A pragmatic approach
- Step-by-step road to compliance
- Critical approach and prospects
- Key takeaways
PRACTICAL INFORMATION
- Duration: ½ day of training (3 class hours)
- Hours: 09:00 to 12:30
- Location: This training will be given online
- Language: This training will be given in English
- Additional information: How do you start the webinar? You will receive a login and password by email to access our platform. In the platform you will find a link. By clicking on the scheduled date the webinar will start via Webex.
To be granted CPD hours, it is important to enter your own name and surname, follow the entire training day and answer the questions suggested by the trainer. Do not follow the training with several people on the same PC.
Methodologie
You follow a ‘Live webinar’ digitally in a group. It is ‘learning-apart-together’. At an agreed time, the teacher and participants log in to a video conference tool, each from his or her own location and with his or her own computer. Via this tool’s camera, microphone and chat function, there is an opportunity for interaction and feedback, both from the participants to the teacher and vice versa. The teaching material consists as a basis of a presentation via the MyFA learning platform, supplemented with various other items (such as digital syllabus, presentation, audiovisual fragments, etc.).
Training material:
- PowerPoint presentation (slides);
- Fit & Proper Manual (pdf).
Docenten
Thomas Faelli
Compliance & audit
