Best Execution Workshop
Overview
The FCA rules relating to Best Execution cover all ‘financial instruments’. Firms must establish and implement a Best Execution Policy, setting out details of how Best Execution will be achieved.
The course is designed to provide participants with an understanding of the current FCA rules, and the obligations that are imposed on regulated firms. You will be shown what needs to be considered as content for a Best Execution Policy and which would stand Regulatory scrutiny.
The course will cover in detail the Best Execution rules, including relationships with all clients including Professionals. The course will set out how a firm complies with its ‘Obligation’ to provide its clients with Best Execution as well as illustrating what a Best Execution Policy might look like.
Who is this for?
Anyone involved in, or responsible for client contracts, terms of business and the execution of orders will need to understand the impact of compliance with these rules and the implications for changes to policy and documentation.
Learning Outcomes
After attending this course, participants will be able to:
- Explain the Best Execution criteria
- Write, or amend, their Best Execution policy
- Describe the circumstances in which the Best Execution obligation is owed
- Explain the record keeping and monitoring requirements of the Best Execution regime
Course Details
- The scope of the Best Execution Rules
- Client relationships and Terms of Business
- Order execution
- The nature and application of the ‘Obligation’ under regulatory Rules
- Reasonableness
- Client and Firm types
- Product types
- Best Execution Policy
- Structure and content
- Monitoring and update
- Disclosure
Delivery
Have the flexibility to deliver your In-House training in-person by one of our trainers at your premises, or virtually via Zoom, Teams or Webex.
Find out more about your Virtual or In-Person training experience below.
Virtual Delivery
Our virtual training courses are designed to be every bit as engaging as our in-person courses. To achieve this, our trainers use market-leading technology and a range of training techniques to ensure high levels of interaction with participants. Courses include the use of:
- Virtual ‘break-out’ rooms: participants are divided into virtual rooms to facilitate small group discussion.
- Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to highlight the practical application of theoretical knowledge.
- Messaging: participants can submit questions and comments, either to the whole group or privately to the trainer.
Additional Benefits:
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Recording: public course participants have the option to access a recording of the course for one month after the course. In-House clients also have the option to record their training for an additional fee.
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On-going Q&A: public course participants can access an ongoing Q&A facility allowing them to ask questions relating to the course.
In-Person Delivery
Our in-person training is delivered face to face at your offices, and includes:
- ‘In-the-moment’ questions & discussions: questions through conversations allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
- Q&A: participants can ask questions during training, either to the whole group or privately to the trainer.