Professional Refresher

  • Active vs Passive Investing
    CPD 1.25 hours
    This module covers what active and passive investing are, and examines examples of the techniques that investors can apply, their benefits and limitations, and which are most suitable for investors. It will also look at the active versus passive debate, which today remains one of the most divisive issues in the world of investing.
  • Alternative Investment Fund Managers Directive (AIFMD)
    CPD 1 hours
    The Alternative Investment Fund Managers Directive introduces a harmonised regulatory and supervisory framework which affects alternative investment funds and alternative investment fund managers that operate and market in the European Union, but do not come under the Undertakings for Collective Investment in Transferable Securities regime.
  • Alternative Investments
    CPD 1 hours
    Alternative investments are investments that specialise in asset classes other than equities, bonds, property and cash. This module will consider these asset classes and alternative investments.
  • Alzar la Voz (“Speak Up”)
    CPD 0.75 hours
    La cuestión de la denuncia de irregularidades ha adquirido una gran importancia debido al goteo continuo de revelaciones de conductas impropias, indebidas y, en algunos casos, delictivas, en un gran número de empresas y organizaciones. El propósito de este módulo consiste en proporcionar a los empleados los conocimientos, recomendaciones y herramientas que necesitan para poder notificar las irregularidades sin reticencias, así como ejemplos de mejores prácticas desde la perspectiva tanto de los empleados como de los empleadores.
  • Análisis y Selección de Fondos de Inversión
    CPD 0.75 hours
    Con la realización de este módulo el alumno aprenderá a analizar, comparar y seleccionar cualquier tipo de fondo de inversión. El objetivo del curso es que el alumno recuerde los conceptos y herramientas para poder seleccionar un fondo, analizando variables como el riesgo y la rentabilidad y pudiéndolo comparar con otros fondos de su misma categoría. Además se recordará las ventajas que tiene invertir en un fondo de inversión así como todas sus características y tipologías que podemos encontrar en el mercado.
  • Análisis y Selección de Valores Mediante Análisis Fundamental
    CPD 1 hours
    El módulo se centra en el aprendizaje del análisis fundamental y la interpretación de las diferentes herramientas y métodos que podemos utilizar para valorar cualquier valor o empresa cotizada y no cotizada.
  • Análisis, Selección y Comparativa de Activos de Renta Fija
    CPD 0.75 hours
    El módulo de Análisis, selección y comparativa de Renta Fija se sumerge en las principales herramientas y estrategias a la hora de realizar una gestión de carteras de Renta Fija. Se describen las principales fórmulas para calcular el riesgo de tipo de interés, a la vez que se detallan los principales métodos de mitigación y minimización. Según la visión del gestor formulamos la manera de potenciar la rentabilidad de la cartera asumiendo más o menos exposición a movimientos en los tipos de interés. Por último, se hace hincapié en el riesgo de crédito, proponiendo los principales métodos de análisis cuantitativo y cualitativo para realizar un correcto análisis crediticio de una empresa, además de proponer diversas estrategias de cobertura y valores relativos entre bonos.
  • Anti-Money Laundering
    CPD 2 hours
    With the ever-increasing scale of the money laundering problem, it is not surprising that tackling the issue is high on the international agenda. As a result, combating money laundering continues to be a major challenge for the financial sector in the UK and globally. This module examines anti-money laundering legislation and regulation (focusing on the UK), the role of the money laundering reporting officer, how to report suspected money laundering, terrorist financing, and the sanctions and penalties that can be imposed for money laundering.
  • Anti-Money Laundering Essentials
    CPD 1.25 hours
    Combating money laundering is a major challenge for financial sector firms and their employees. This module examines the basics of money laundering, including examples of the crime, and how to identify red flags and react to suspected cases.
  • Applying the Financial Planning Process to Client Circumstances
    CPD 1.25 hours
    It is one thing knowing about the financial planning process, but another thing entirely to implement it in your business. The aim of this module is to help you apply the financial planning process and principles when creating a financial plan for a client.
  • Approved Persons Regime
    CPD 1 hours
    An approved person is someone who has been approved by the FCA to carry out certain controlled functions, and who is required to comply with a set of principles. The approved persons regime supports the FCA’s regulatory system for the protection of consumers and the UK financial system by ensuring the quality of individuals working in certain roles within the financial services industry. This module examines the basis of the regime, the fit and proper test and the components of fitness and propriety, controlled functions, the Code of Practice for approved persons, the Principles for approved persons, and key regulatory developments.
  • Artificial Intelligence (AI)
    CPD 1 hours
    The hopes and fears sparked by artificial intelligence (AI) have raised it to an almost mythical status. Some foresee a widespread loss of jobs and the apocalyptic emergence of hostile robotic consciousness, while others dream of a tailor-made world, where every thankless or repetitive task is delegated to machines, and infallible tools put an end to illness and crime. This module gives an insight into AI and provides a deeper understanding of how it is, and will be, used. Additionally, this module also looks at some of the ethical questions raised by AI.
  • Automated Trading Systems
    CPD 1.75 hours
    An automated trading system is a computer program allowing traders to set predefined rules for entering and exiting trades. The aim of automated trading is to limit the amount of manual intervention from the trader. This module explores what an automated trading system is, the way the London Stock Exchange (LSE) can use automated trading systems, as well as the common types of automated trades.
  • Banking Standards
    CPD 1.50 hours
    In 2012, the Parliamentary Commission on Banking Standards was set up in the UK to address the wider problems that recent banking scandals have highlighted, focusing on professional scandals, culture and corporate governance. The Commission provided its fifth and final report of proposals in June 2013, with the primary objective of restoring trust in banking. This module examines the Commission, its recommendations, the Government’s response, the strengthening of individual accountability, the reforming of corporate governance, securing better outcomes for consumers and enhancing financial stability.
  • Behavioural Finance
    CPD 1 hours
    Behavioural finance has been described as ‘the study of human fallibility in competitive markets’ or as ‘the application of the psychology of decision making to financial market behaviour’. This module explores the background to behavioural finance, its implications, the regulator’s perspective, and the role of biases and mental ‘rules of thumb’ (known as heuristics).
  • Best Execution
    CPD 0.75 hours
    Best execution refers to the duty of an investment services firm, such as a stockbroker, executing orders on behalf of customers to ensure the best execution possible for their customers' orders. This module examines what best execution is, the rules and instructions, how to achieve it, how it is monitored, order execution policies, information to clients and client consent, and best execution for specific types of firms.
  • BIOS II (Best Investment Opportunities Summit)
    CPD 4 hours
    10 de los más destacables expertos de 10 de las gestoras más relevantes a nivel internacional: Aberdeen Standard Investments, BlackRock, BNY Mellon IM, Carmignac, Fidelity International, Janus Henderson, Jupiter AM, M&G, Natixis IM, y Oddo BHF, le traen a Finect sus mejores ideas de inversión para los próximos meses. 15 minutos por intervención. El CISI apoya este evento otorgando cuatro (4) horas de formación continua. Para acreditar dicha formación, los miembros deben pasar el test de aptitud. Una vez superado, el tiempo de formación continua se computará automáticamente en sus respectivos perfiles.
  • Blockchains
    CPD 0.75 hours
    Blockchain technology has grown rapidly over the past few years, in part fuelled by an explosion of innovative thinking in areas in which it could be used. This module describes blockchains and investigates its value drivers and the potential areas of impact on the financial markets.
  • Bonds Essentials
    CPD 0.50 hours
    A bond is issued by a government/government agency or a company and is a way for them to raise capital. Investors effectively lend them money and receive interest in return. This module introduces you to the world of bonds and helps you to familiarise yourself with the main types of bonds and key terminology.
  • Budget (Autumn 2021)
    CPD 0.75 hours
    This module examines the key details and potential ramifications of the Autumn 2021 Budget.
  • Budget (Spring 2021)
    CPD 1 hours
    This module examines the key details and potential ramifications of the Spring 2021 Budget.
  • Business Protection
    CPD 1.25 hours
    Most companies have insurance in place, but they also need to take into account their most important assets – the people that contribute most to the success of the business. To this end, business protection packages have been developed which are made up of life insurance and critical illness cover policies, and hence provide for continuity and succession planning. This module covers the specifics of key person insurance and shareholder and partnership protection as well as providing an outline of how such policies are regulated. Although many of the concepts will be similar in other countries, the module is based on the legal and tax position of business protection policies in the UK.
  • Capital Gains Tax (CGT) Essentials
    CPD 0.50 hours
    Capital gains tax (CGT) is imposed on the profit made when assets are sold, transferred or disposed of in in any other way (such as swapping an asset for something else). It applies to individuals as well as to business partnerships and sole traders. This module provides an introduction to capital gains tax in the UK. It examines the different types of assets that are affected, the various rates, and some of the special arrangements, including those relating to permanent residence, personal possessions and investments.
  • Central Clearing
    CPD 0.75 hours
    Clearing is the preparation of a transaction for settlement which may involve the matching of the transaction details between the parties to the transaction. A central counterparty is an organisation that exists to support trading performed in financial instruments. It acts as a central point through which trading is channelled. This module explores the background of central clearing, the risks that central counterparties mitigate, recent events and legislation, and the Target 2 Securities development.
  • Certification – What it Means for You
    CPD 0.50 hours
    The Senior Managers and Certification Regime (SMCR) originally came into force in March 2016. Initially, it applied to all banks, building societies, credit unions, certain investment firms and subsequently to insurers. All these firms are dual-regulated by both the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Since 9 December 2019, the coverage of the SMCR has been extended to include all firms solo-regulated by the FCA. This module has been designed to explain the certification regime to those individuals who are subject to it. There are separate Professional Refresher modules about the Senior Managers Regime and the Conduct Rules and Code of Conduct. You may also find it helpful to work through these.
  • Change Management
    CPD 2 hours
    Inevitably, change affects every workplace. Our challenge is to make it work to our advantage. Throughout this module, we will explore change in all its forms and examine the tools you can use to meet it head-on.
  • Ciberdelincuencia
    CPD 1.25 hours
    El término ciberdelincuencia se refiere normalmente a cualquier delito que implique el uso de un ordenador. El ordenador en cuestión puede haberse utilizado para cometer un delito o puede ser el objetivo del mismo. Este módulo explora el fraude informático, la piratería, los ataques de denegación de servicio, las nuevas tecnologías, los problemas de seguridad y las definiciones y la legislación en relación con la ciberdelincuencia.
  • Client Assets and Client Money
    CPD 2 hours
    This module will help you understand and apply the principles and rules associated with holding and protecting client assets, which includes safe custody assets and client money. It examines how a range of processes and controls must work together so that each firm can be confident that it has appropriately mitigated the risk of client assets being lost. While the Client Assets (CASS) Sourcebook rules are applicable to many types of firm, this module is aimed at the securities and investment industry, excluding firms operating under a Commodity Futures Trading Commission (CFTC) Part 30 exemption order, and does not discuss insurance distribution or debt management. The module, therefore, primarily covers the following sections of CASS: CASS 1A (Firm classification and operational oversight), CASS 6 (Custody rules), CASS 7 (Client money rules), CASS 8 (Mandates),CASS 9 (Information to clients), and CASS 10 (CASS resolution pack).
  • Client Assets and Client Money Essentials
    CPD 1 hours
    This module is aimed at the mainstream securities and investment industry and provides an overview of the principles and high-level rules associated with holding and protecting client assets.
  • Client Categories
    CPD 0.75 hours
    The Financial Conduct Authority sets out rules relating to client categorisation, under which a firm is required to categorise its clients if it is carrying on designated investment business. The objective of these rules is to ensure that clients are afforded appropriate levels of protection according to their status. This module examines the definition of a client, the different types and classifications, how clients are treated what the various client categories are, and how to apply the client categorisation rules.
  • Commodities and Energy Markets
    CPD 1 hours
    Commodity markets are physical, or virtual, marketplaces for buying and selling primary, or raw, products (commodities). Energy markets deal specifically with the buying and selling of energy, such as oil, electricity and gas. Commodity derivatives are investment tools that allow investors to trade in certain items without possessing them. This module explores the energy markets, commodity markets and commodity derivatives.
  • Common Reporting Standard (CRS)
    CPD 2 hours
    The Common Reporting Standard (CRS) is an international requirement for the automatic exchange of tax information, the aim of which is to standardise cross-jurisdictional reporting on tax matters. The CRS requires financial institutions to report details of their account holders to their central tax authority on an annual basis. This module provides an understanding of the CRS, its implementation timeline, and the associated reporting, compliance and due diligence requirements.
  • Conduct Risk
    CPD 1 hours
    Conduct risk can be defined as the risk to the delivery of fair customer outcomes, or to market integrity. Conduct risk can be seen as a progression in regulatory thinking that began with treating customers fairly, and which then developed through principles-based regulation, and then on to outcomes-focussed regulation, before becoming conduct risk. This module assesses what conduct risk is, how it is managed, its practical application, the powers of regulators, and the importance of treating customers fairly.
  • Conduct Rules for All Staff
    CPD 1 hours
    This module examines the code of conduct which applies to all staff as part of the Senior Managers and Certification Regime. It investigates the key issues arising from the individual conduct rules and their implications. It sets out who is in scope and also explains a firm's obligations regarding training, breaches and reporting.
  • Conduct Rules for Senior Managers
    CPD 1 hours
    The Conduct Rules are part of a package of measures that represent a fundamental shift in the way in which individuals within the UK financial services sector are regulated. These changes are intended to increase the accountability of individual employees within firms, so as to address the widely-held perception that regulators have found it challenging to hold individuals effectively to account. This module provides an overview of the conduct rules, as they apply to those approved to perform senior manager functions or act as non-executive directors. It also explains a firm's obligations regarding training, breaches and reporting.
  • Conflicts of Interest
    CPD 0.75 hours
    Conflicts of interest can arise in all fields and sectors. The existence of a conflict of interest is not unethical in itself and there are a number of ways in which conflicts in the workplace can be properly identified and managed appropriately. However, the actions taken by a firm where there is a conflict of interest may pose legal, regulatory and reputational challenges. This module examines the UK regulatory requirements, examples of conflicts of interest, tools, policies and procedures, enforcement action, and good practice.
  • Conflicts of Interest for Senior Managers
    CPD 1.50 hours
    Conflicts of interest can arise in all fields and sectors. The existence of a conflict of interest is not unethical in itself and there are a number of ways in which conflicts in the workplace can be identified and managed appropriately. However, the actions taken by a firm where there is a conflict of interest may pose legal, regulatory and reputational challenges. This module is aimed at Senior Managers and examines the UK regulatory requirements, examples of conflicts of interest, tools, policies and procedures, enforcement action, and good practice.
  • Corporate Actions
    CPD 0.75 hours
    A corporate action is often defined as any activity instigated by a company which may affect its share capital. Simply put, a corporate action is typically either a benefit distribution or a stock event. Most corporate actions have some effect on the share price with many conveying information to the market about the state of the company. This module provides an understanding of mandatory and voluntary events, corporate structure and finance, and the life cycle of an event.
  • Corporate Governance
    CPD 1 hours
    Corporate governance is the system by which companies are directed and controlled. In broad terms, effective corporate governance enables a firm’s board and executives to work together to deliver a firm’s agreed strategy. In particular, it is about managing the risks the firm faces. This module explores the UK Corporate Governance Code, the Walker Review, regulatory developments, the FCA’s rules, regulatory developments and the terminology of governance.
  • Cross-Border Investment Services
    CPD 1.50 hours
    Financial services is a regulated industry in most parts of the world. When firms wish to conduct business outside of their own borders, they will inevitably find themselves subject to the local foreign regulatory environment. When it was a member of the EU, the UK’s financial services industry was able to conduct business in other parts of the EU by having their FCA-authorised business passported into other EU countries. Similarly, EU firms have been able to passport their services into the UK. However, since Brexit, passporting between the UK and EEA states has ended with the close of the transition period at 11pm on 31 December 2020. Non-EU business has always been subject to the limitations of doing business across borders with little or no regulation. This module aims to provide an introduction to cross-border business and the limitations of not being locally regulated.
  • Crowdfunding
    CPD 1 hours
    Crowdfunding is a way of financing a project or business venture by raising monetary contributions from a large number of people, typically via the internet. This module provides an understanding of crowdfunding as a financing tool, a comparison with peer-to-peer lending and IPOs, the users of crowdfunding, the funding process, and the risks and protections.
  • Cryptocurrencies
    CPD 1.50 hours
    Cryptocurrencies exist as both an intangible and, in some cases, unbacked source of wealth and a minable finite asset, the full potential and risks of which remain to be seen. In this module, we explore what a cryptocurrency is, how, and if they can be adequately regulated, the way they are traded and what role they might play in the future.
  • Curso de Contenido MiFID II (Legislación y Fiscalidad Españolas)
    CPD 2.25 hours
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  • Customer Complaints Procedures
    CPD 0.75 hours
    The FCA requires that authorised firms have processes in place to ensure that they deal with complaints from eligible complainants promptly and fairly. This module provides an understanding of eligible complainants, record keeping and reporting requirements, the timescales involved, the requirements for procedures, and the jurisdiction, determination, procedures, and awards paid out by the FOS.
  • Cybercrime
    CPD 1.25 hours
    Cyber threats are real and crucial to note, as they can result in the paralysis of an organisation’s computer system, theft of information such as customers’ bank account and credit card information, and the loss of important data. Cybercrime usually refers to any crime that involves a computer. The computer may have been used to commit a crime, or it may be the target. This module explores computer fraud, hacking, denial of service attacks, new technologies and security concerns, as well as the definitions and legislation related to cybercrime.
  • Cyprus: Anti-Money Laundering
    CPD 2 hours
    With the ever-increasing scale of the money laundering problem, it is not surprising that tackling the issue is high on the international agenda. As a result, combating money laundering continues to be a major challenge for the financial sector globally. This module examines Cyprus anti-money laundering (AML) legislation and regulation, the role of the money laundering reporting officer, how to report money laundering, the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007-2021, terrorist financing, and the sanctions and penalties that can be imposed.
  • Cyprus: Best Execution
    CPD 0.75 hours
    Best execution refers to the duty of an investment services firm, such as a stockbroker, executing orders on behalf of customers to ensure the best execution possible for their customers' orders. This module examines what best execution is, the rules and instructions, how to achieve it, how it is monitored, order execution policies, information to clients and client consent, best execution for specific types of firms, and the implications for Cyprus.
  • Cyprus: General Data Protection Regulation (GDPR)
    CPD 2 hours
    Privacy is a long-established and fundamental human right. This module sets out what organisations in Cyprus need to do to protect the personal information they hold under the General Data Protection Regulation and examines how the Regulation provides individuals with powerful rights in respect of their personal information.
  • Cyprus: MiFID II
    CPD 1.50 hours
    The Markets in Financial Instruments Directive (MiFID) was a European Union (EU) legislative act which provided a harmonised regulatory regime for investment services across the member states of the European Economic Area (EEA). MiFID II expands on MiFID and will include investment firms and credit institutions selling structured deposits and emission allowances. This module explores the origins and history of MiFID II, the organisations and products covered, its impact on Cyprus Investment Firm authorisation and recurring requirements, as well as protections and implementation.
  • Cyprus: Risk
    CPD 1.75 hours
    Risk can occur due to external events such as the global economy, political events, social and market forces, natural events, and technological progress, or due to internal events such as the board of directors, institutional investors, and customers, or from a firm’s internal operational, compliance and financial arrangements. This module provides an understanding of, inter alia, risk, the key risk categories, risk in financial services and how it is managed, risk limits, and guidelines issued by the Cyprus Securities & Exchange Commission (CySEC) applicable to Cyprus investment firms (CIFs) under its supervision.
  • Cyprus: Suitability of Client Investments
    CPD 0.75 hours
    The regulator has been focused on the suitability of investments for retail customers/clients for many years. As a result, it is at the forefront of the Senior Management of all authorised firms and subsequently its advisers who recommend investment products to retail customers/clients. This module provides an understanding of how to assess the suitability of an investment for a retail customer/client, how to assess the customer’s/client’s risk appetite and carry out risk profiling, along with identifying suitable questions and answers in order to gather accurate customer/client information. The module then combines these research methods to guide the adviser on how to select suitable investments for the retail customer/client, as well as providing guidance on reports and record keeping. The Cyprus Securities & Exchange Commission (CySEC) rules on suitability are specified in Article 26 Part 2, Provisions to ensure investor protection, of the MiFID II (Amended) Law of 2021, (“Law which provides for the provision of investment services, the exercise of investment activities, the operation of regulated markets and other related matters”).
  • Data Analytics
    CPD 1 hours
    The ability to affordably store and access large quantities of data has only become possible in the past couple of decades. This has coincided with a huge increase in the amount of data society generates – but how should it be analysed in order to draw useful conclusions? This is where data analytics comes in, using sophisticated statistical and mathematical techniques, powerful computers and extremely large datasets. This module examines what data analytics is and how it is used, the main types and techniques and how it differs from traditional research.
  • Data Science
    CPD 1.75 hours
    The digitalisation of business operations has accelerated the speed with which data is being captured. This has made it necessary for firms to harness the value of vast amounts of data. This is where data science comes in. In this module, we will explore the role of data science in the financial services sector and beyond.
  • Data: Big Data
    CPD 1 hours
    The financial services sector has always been a data-intensive industry, and the rise of big data presents challenges to financial institutions as to how they collect, store, use, interpret and monetise this information. In this module, we will look at the impact of big data across business lines, from asset management and securities trading, to payments, consumer credit, insurance and much more. We will also examine privacy concerns, and the regulations to address them.
  • Defined Benefit Pension Schemes
    CPD 2.25 hours
    This module explores the great variety of defined benefit and contribution schemes, with particular attention paid to the options for scheme holders and employers, as well as the various requirements.
  • Derivados
    CPD 1 hours
    Un derivado puede definirse simplemente como “un contrato entre dos o más partes; el precio del derivado se basa en un activo subyacente, que puede ser una acción, bono, materia prima, tipo de interés o índices de mercado”. Los instrumentos derivados están diseñados para reducir o cubrir el riesgo de resultados inciertos sobre precios y pueden usarse meramente como medios para generar beneficios. Este módulo permite comprender la definición y el propósito de los derivados, la negociación de los activos subyacentes y los requisitos y cambios normativos.
  • Derivatives
    CPD 1 hours
    A derivative can be simply defined as ‘a contract between two or more parties; the price of the derivative is based on an underlying asset, which can be a stock, bond, commodity, currency, interest rate, market indices or other baskets. Derivatives are designed to reduce or hedge the risk of uncertain price outcomes and can be used purely as means of generating profits. This module provides an understanding of the definition and purpose of derivatives, underlying assets, trading and regulatory requirements and developments.
  • Digital and Mobile Banking
    CPD 1.25 hours
    In this module, we will explore the revolution in saving, borrowing and making payments which has occurred in the last two decades, as well as the broad categories of platforms and their uses. We will look at some of the players who have introduced important innovations or become dominant in the rapidly evolving space of digital and mobile banking.
  • Disaster Recovery
    CPD 1.50 hours
    Being able to continue operating your business following a major event or a disaster, such as an act of terrorism or of nature, or even after just a significant upheaval, such as software failure or a utility outage, is a key concern for most financial services firms, and regulators. The COVID-19 pandemic has shown how quickly the operational landscape can change and it has greatly challenged firms. This module provides an introduction to disaster recovery, and related concepts such as business continuity and operational resilience. It also outlines the key components of robust plans that are needed for organisations to remain operational following events that could significantly disrupt the flow of business.
  • Diversity and Inclusion
    CPD 1.50 hours
    Diversity is about taking account of the differences between people and placing a positive value on them. It is about respecting and appreciating what makes us individual, which can empower us all. As well as those interested in the subject, this module is targeted at those stakeholders and individuals specifically involved in their firms’ diversity, equality and anti-discrimination policies. It is also aimed at those involved in the decision-making process when it comes to recruitment, selection, promotion and disciplinary action, as well as the training, awareness and development of their firm’s employees.
  • Dodd-Frank Act
    CPD 0.75 hours
    The Dodd-Frank Wall Street Reform and Consumer Protection Act (‘Dodd-Frank’) is the main legislative thrust from US law makers in response to the financial crisis of 2007-08. It was signed into law by President Obama on 21 July 2010. This module explores the background and impact of the Dodd-Frank Act, the concept of ‘too big to fail’ and the Volcker rule, the regulation of derivatives and securitisation, and the role of credit rating agencies. It also explores recent changes to the Dodd-Frank rules and how US financial sector regulation is continuing to develop. The module is for educational purposes only, offers a high-level and simplified overview, and is not intended to provide legal or financial advice.
  • East Africa: Anti-Money Laundering
    CPD 2 hours
    This module focuses on anti-money laundering in East Africa, with a specific spotlight on Burundi, Kenya, Rwanda, Tanzania and Uganda. It examines the meaning of money laundering and its stages, anti-money laundering (AML) laws and regulations, reporting of money laundering suspicions, terrorist financing, sanctions, types of money laundering offences and relevant penalties/sanctions. Specific contexts from the United Kingdom are included to broaden the learning scope and enrich the content with best practices from a country with a longer and relatively robust legal and regulatory framework. The module uses several case studies to illustrate the practical dimensions of AML with a view to enhance the grasp of the fundamental concepts. Many ‘Did you know…’ facts have been incorporated to enable the learner to reflect on the key concepts pertinent to AML.
  • East Africa: Cybercrime
    CPD 2 hours
    East Africa is in the process of increasing its interconnection to the rest of the world through information and communications technology (ICT). This interconnection has the positive consequence of enhancing socio-economic development. However, the endeavour also exposes the region to the unintended consequences of cybercrime. This module explores computer fraud, hacking, denial-of-service attacks, new technologies and security concerns, and the definitions and legislation related to cybercrime. It provides a deep and foundational understanding of the cybercrime risk. It highlights the relevant institutional stakeholders in East Africa and elaborates on their respective roles. The module also discusses the regulatory framework that has been set up by the countries in the region with the objective of managing the risk of cybercrime. Laws, regulations and case studies are provided from the United Kingdom context which are meant to provide lessons learnt from a more advanced/developed country. A further objective of blending the East Africa content with the UK context is to elevate exposure and elicit a futuristic perspective on the potential cyber risks spawned by an advanced digital environment.
  • El Mercado de Divisas (Forex)
    CPD 1.25 hours
    El módulo se desarrolla en base a la obtención de los conocimientos necesarios del mercado de divisas con un doble objetivo, por un lado, poder operar en el mismo a partir de operaciones de trading especulativas y, en segundo lugar, conocer las herramientas que se pueden utilizar en la dinámica empresarial para cubrir la exposición al riesgo de las modificaciones en los tipos de cambio de las divisas.
  • El Mercado de Renta Fija
    CPD 1.25 hours
    El módulo del Mercado de Renta Fija desarrolla los principales conceptos relacionados con los activos de Renta Fija. Se describen las principales características a tener en cuenta en este tipo de activos, a la vez que se hace un barrido de las principales clases de bonos con los que nos podemos encontrar y de sus diferencias. Por último se recuerdan las principales fórmulas de valoración para que sepamos hallar en cada momento variables como el precio de un bono o su rentabilidad.
  • El Sistema de Previsión Social Complementaria
    CPD 1.75 hours
    Se analizarán en profundidad los tres pilares de la Previsión Social. El primer sistema de reparto es de prestación definida, donde los cotizantes o personas en activo actualmente trabajando, depositan sus cuotas en la Tesorería General de la Seguridad Social, para que la personas en situación de pasivo, esto es, que han generado prestación, cobren dichas prestaciones. En el análisis de este primer pilar desarrollaremos los factores que afectan al problema de la sostenibilidad y la necesidad del complemento de los otros dos pilares, de capitalización privada. El segundo, soportado por la empresa y en ocasiones también con aportaciones del trabajador, y el tercero de carácter totalmente individual, en el que las aportaciones las realiza el ciudadano, con absoluta libertad. Dentro de este análisis definiremos los principales instrumentos de cada uno de ellos, así como sus ventajas e inconvenientes, para poder concluir, que la forma óptima y más efectiva de obtener una adecuada cobertura en previsión social tanto presente como futura es por combinación de los tres pilares y a su vez de los diferentes instrumentos que conforman el segundo y el tercero.
  • El Sistema Público de Pensiones
    CPD 1.75 hours
    Este módulo permitirá conocer el sistema público de pensiones. El módulo se inicia con un estudio de los regímenes de cotización, sus bases y tipos de cuota. A continuación, se analizan las diferentes prestaciones que ofrece el sistema con los conceptos de fallecimiento, incapacidad y jubilación. En las secciones siguientes se plantea la problemática actual que sufren diferentes estados por la diferencia existente entre la recaudación y la redistribución de la renta. A continuación, se analiza las diferentes soluciones que se plantean para la mejora de su sostenibilidad. La última parte del módulo identificará el mercado potencial para este tipo de producto, para focalizar a los clientes que puedan estar interesados en su contratación.
  • Environmental, Social and Governance (ESG) Investing
    CPD 1.75 hours
    Conventionally, investors select a range of investments with the goal of maximising total returns within their risk tolerance levels. With environmental, social and governance (ESG) investing, environmental and social considerations also apply. This module examines what ESG is, why it matters, ways to invest, the screening processes that are available, corporate social responsibility, faith-based investing, ESG investment indices, and the future of ESG.
  • Equity Release
    CPD 1.50 hours
    Equity release has the reputation of being the last resort for liquidity in later life, and there still seems to be some stigma surrounding it. With an ageing population and significant wealth tied up in property, the need for liquidity continues to grow and is being met by a modern market of flexible and transparent equity release products. This module examines the development of the market in terms of customers, products, providers and regulatory oversight.
  • ESMA Knowledge and Competence Guidelines
    CPD 1.25 hours
    The European Securities and Markets Authority (ESMA) has contributed significantly to the implementation of MiFID II by issuing Guidelines. These Guidelines are expected to promote greater convergence in the knowledge and competence of staff providing investment advice or information about financial instruments, structured deposits, investment services or ancillary services to clients, and allow competent authorities to assess the adequacy of the compliance with such requirements. The Guidelines will also set important standards to assist firms in meeting their obligations to act in the best interests of their clients, and to adequately assess how firms meet these obligations. This module will focus on the key elements of the Guidelines, with explanation, interpretation and case studies.
  • Estate Planning
    CPD 0.75 hours
    Estate planning is the process of ensuring that assets pass to the desired people in the event of death or incapacity. Estate planning usually also ensures that any associated taxes are mitigated as far as is possible on the transfer of these assets. This module provides an understanding of the basics of inheritance tax, when it applies, when it can legitimately be mitigated, constituents, and the importance of a will against intestacy.
  • ETFs: Análisis y Selección
    CPD 1 hours
    Con la realización de este módulo se aprenderá a analizar, comparar y seleccionar cualquier tipo de ETF así como comprender su funcionamiento y sus beneficios de coberturas en una cartera.
  • Ethical and Sustainable Investment
    CPD 2 hours
    As participants in financial capital markets, individuals and organisations are free to select investments on any basis they wish (subject to fiduciary responsibility in certain cases, eg, trustees to a trust’s beneficiaries). While conventional market practice dictates that investors should operate solely to maximise their returns, ethical, sustainable and responsible investors believe that moral considerations should also apply, or that short-termism is supporting damaging corporate activities. There may be variations in interpretation but, in summary, decision making for ethical, sustainable and responsible investment includes factors other than solely maximising short-term returns.
  • European Market Infrastructure Regulation
    CPD 0.75 hours
    The European Market Infrastructure Regulation (EMIR) is a European Union law which is designed to increase the stability of over-the-counter derivative markets throughout EU states by increasing transparency and reducing counterparty risk. EMIR also establishes common organisational, conduct of business and prudential standards for central counterparties and trade repositories. This module examines EMIR, and its requirements for margining, clearing and the clearing obligation, reporting requirements and risk management, and market stability.
  • Exchange Traded Funds
    CPD 0.75 hours
    Exchange traded funds (ETFs) are investment vehicles listed and traded on stock exchanges. ETFs most commonly track a basket of assets, such as equities, commodities or bonds, but may also follow more exotic factors such as volatility. Most ETFs are benchmarked against a recognised index that is reflected in the underlying assets included within the ETF. This module explores the definition, background and structure of ETFs, the different types available, the ETF market, and possible future developments.
  • FCA Enforcement Action: Lessons Learnt
    CPD 1.50 hours
    The Financial Conduct Authority (FCA) has wide-ranging powers to impose financial, and other, penalties on both firms and individuals. This module provides an overview of the FCA’s approach to enforcement. It reviews a selection of recent enforcement cases, and draws out the principal lessons which can be learnt from these cases.
  • Financial Crime
    CPD 1.50 hours
    Financial crime is defined as any kind of criminal conduct relating to money or to financial services or markets, including any offence involving fraud or dishonesty or misconduct in, or misuse of information relating to, a financial market or handling the proceeds of crime. This module will focus on insider dealing, market abuse, money laundering, terrorist finance and financial sanctions.
  • Financial Ombudsman Service
    CPD 1.75 hours
    The Financial Services and Markets Act 2000 (FSMA) set up the Financial Ombudsman Service (FOS) to deal with disputes between customers and financial services firms. It is a not-for-profit body set up by Parliament as a statutory dispute-resolution scheme. This module explores eligible complainants and the FOS’s jurisdiction, approach, decisions, timeframes, awards, and the cases that the FOS can and cannot deal with.
  • Financial Planning
    CPD 1.50 hours
    Financial planning plays a significant role in helping individuals get the most out of their money. This module is intended to provide an introduction to the principles of financial planning. It provides an overview of the financial planning process, key pieces of terminology relating to the process and the regulatory framework which governs it.
  • Financial Planning Assumptions
    CPD 2.25 hours
    This module is intended as a guide to making assumptions as part of the financial planning process. Its aim is to show why assumptions are important, outline the key range that may need to be included in a financial plan, and suggest certain methods by which a financial planner could decide on the value to use for each one. The purpose of this module is not to state what the actual assumptions should be but, rather, to suggest a reliable methodology for choosing them.
  • Financial Planning Cashflow Projections
    CPD 2.25 hours
    When creating financial plans for clients, cashflow planning often needs to take place to give an overall view of their circumstances and future aspirations. It is an important component in establishing whether clients can afford to achieve all of their objectives as they arise, given their risk appetite. This module examines cashflow modelling, the key aspects of the process, areas of advice where it is used, and its drawbacks and benefits.
  • Financial Planning Personal Financial Statements
    CPD 2 hours
    When creating financial plans for clients, it is important to understand the purpose of personal financial statements: client net worth, tax and cashflow/income and expenditure. This module examines how to create and calculate these statements for clients and mitigate any tax consequences of the advice that is given in the financial plan.
  • Financial Planning Personal Risk Management Strategies
    CPD 1.75 hours
    Protection is essential because it offers not only tangible benefits in the form of a potential financial payout, but also intangible benefits, such as peace of mind and a feeling of financial security. Putting the right personal risk management strategy in place can help make sure you get the protection that works best for you. This module will outline the importance and methods of creating a strategy, as well as the key types and features of policies.
  • Financial Planning Trade-Offs
    CPD 2 hours
    This module considers the type of trade-offs that people might make in their everyday lives, how they relate to client objectives and needs, and how they may be required in various financial planning scenarios. It will also examine the options available when client objectives are not achievable.
  • Financial Promotions
    CPD 0.75 hours
    The financial promotions rules apply to any firm which communicates a financial promotion to consumers in the UK in relation to its designated investment business, including from an establishment overseas. The purpose of the rules is to ensure that financial promotions are clearly identified as such, and that they are fair, clear and not misleading. This module explores the financial promotions rules, exceptions, communications, offers and invitations, unwritten promotions and cold calling, the rules on prospectus advertisements, using performance, and the approval of financial promotions. (Due to the uncertainty of the implications of Brexit, this module is subject to change).
  • Financial Risk
    CPD 0.75 hours
    A financial risk can be described as an element of uncertainty affecting financial decisions or actions that, should it materialise, poses a threat of loss to some degree. The exposure to a risk is determined by the probability of a risk event materialising and the magnitude of any associated financial loss. This module provides an understanding of financial risk, the key risk categories, risk in the financial services and how it’s managed, risk appetite, fraud and theft, information security, and business continuity.
  • Financial Transaction Tax
    CPD 0.75 hours
    A financial transaction tax is levied on specified financial transactions. The concept is not a new one, but has increasingly come under the spotlight since the European Commission proposed the introduction of a harmonised financial transaction tax across EU member states in September 2011. This module provides an understanding of the background, history and scope of financial transaction tax, and its payment, purpose, and aims.
  • Finanzas Conductuales
    CPD 1 hours
    La conducta financiera se han descrito como “el estudio de la falibilidad humana en mercados competitivos” o como “la aplicación de la psicología de la toma de decisiones al comportamiento de los mercados financieros”. Este módulo explora los antecedentes de las finanzas del comportamiento, sus implicaciones, la perspectiva del regulador y el papel de los sesgos y las reglas prácticas mentales (denominadas reglas heurísticas).
  • Fintech
    CPD 1.50 hours
    Fintech represents an unprecedented level of freedom, accessibility and innovation in financial services and products. As new ground continues to be broken, unforeseen challenges, obstacles and opportunities emerge.
  • Fintech (Español)
    CPD 2.25 hours
    El desarrollo de las nuevas tecnologías ha hecho posible el fenómeno FINTECH, pero además se están dando cambios en los comportamientos de los usuarios que hacen avanzar el sector. Las FINTECH se usan cada vez más, por todo tipo de usuarios, empresas y particulares de todas las edades y perfiles. Las nuevas empresas FINTECH actúan a lo largo de toda la cadena de valor del sector de servicios financieros, aunque se suelen especializar en un área determinada, al contrario que la banca tradicional que es “multiproducto”. Es evidente pues, que el fenómeno FINTECH pone ante la banca tradicional importantes retos, a los que los bancos están haciendo frente con diligencia e intensidad, en general. Aunque las FINTECH utilicen las tecnologías masivamente, lo importante es que los usuarios están cambiando sus hábitos y eso admite pocas dudas. En una generación (5-10 años) asistiremos a un cambio de paradigma en el sector de servicios financieros con toda probabilidad. La banca tradicional está reaccionando hace años. Se está digitalizando, está estableciendo colaboraciones con empresas tecnológicas y FINTECH, y su presencia en FINTECH de éxito es ya considerable. Los GAFA y los BAT tienen el dinero, las capacidades tecnológicas y de negocio, y el acceso a millones de usuarios. Por todo ello, es necesario que la regulación financiera específica para las FINTECH esté coordinada a nivel mundial, con lo que los Organismos Reguladores supranacionales cobran gran protagonismo estableciendo las directrices y cautelas principales a seguir. Las legislaciones nacionales se están concretando siguiendo los principios supranacionales. La UE es un área de especial relevancia con gran interés en impulsar un sistema financiero transparente, garantista para el usuario y favorable a la innovación.
  • Fintech and Regulatory Compliance
    CPD 2.25 hours
    This module will explore applying regulatory compliance to Fintech. It will examine the main risks and issues and offer some best practice approaches that can be applied when developing or implementing new technology.
  • Fiscalidad Productos Aseguradores
    CPD 2 hours
    En este módulo vamos a conocer las diferentes implicaciones fiscales de los contratos de seguro tanto en el momento del pago de las primas, como durante su vigencia y, sobre todo, en el momento de la percepción de las prestaciones. Se analizará qué impacto provoca las prestaciones percibidas por personas físicas como consecuencia de coberturas otorgadas por seguros de personas y la diferencia existente en función de la cobertura, la forma de cobro o la existencia de beneficios fiscales específicos. Por último, destacar que se analizará el impacto fiscal que producen las prestaciones derivadas de un fallecimiento, así como las que se producen derivadas de la supervivencia o invalidez.
  • Fondos de Cobertura
    CPD 0.75 hours
    Un fondo de cobertura es un fondo de inversión, que normalmente se establece bajo una sociedad en comandita o una sociedad limitada, que reúne un fondo de capital común de varios inversores para invertir en valores y otros instrumentos. Este módulo examina la definición y los antecedentes de los fondos de cobertura, los diferentes tipos disponibles, sus riesgos inherentes, las razones por las que deberían o no deberían utilizarse y la evolución futura.
  • Fondos Negociados en Bolsa
    CPD 0.75 hours
    Los Fondos Negociados en Bolsa (ETFs por sus siglas en inglés) son instrumentos de inversión que cotizan y se negocian en mercados bursátiles. Normalmente los ETFs siguen el comportamiento de una cesta de activos, como por ejemplo valores de renta variable, materias primas o bonos, pero también pueden seguir instrumentos más exóticos como la volatilidad. La mayoría de los ETFs se evalúan comparativamente tomando como referencia un índice reconocido que sea el más apropiado para los activos subyacentes incluidos en el ETF. Este módulo examina la definición, los antecedentes y la estructura de los ETFs, los diferentes tipos disponibles, el mercado de los ETFs y la posible evolución futura.
  • Foreign Account Tax Compliance Act (FATCA)
    CPD 1 hours
    The Foreign Account Tax Compliance Act (FATCA) is a US law that aims to reduce tax evasion by US citizens holding assets abroad. FATCA requires non-US financial institutions, known as foreign financial institutions, to report annually about their US account holders to the US tax authority, the Internal Revenue Service (IRS). This module provides an understanding of FATCA, its implementation timeline, reporting, compliance and due diligence requirements. It is designed for educational purposes only and does not constitute tax, investment or legal advice.
  • Foreign Exchange
    CPD 2.25 hours
    The foreign exchange market is where all the world's currencies trade. It is both the largest and most liquid market, with an average daily trading volume of $6.6 trillion. This module provides an overview of the foreign exchange market, including some of the principal concepts and terminology used. It also introduces some of the most important trading techniques and how businesses use foreign exchange to manage risk.
  • Fraud Risk Management
    CPD 1.25 hours
    Fraud has a devastating impact on economies, companies and people on a global scale. All organisations are subject to fraud and must, therefore, undertake measures to protect themselves. In this module, we will explore the basics of fraud risk, its global impact, and the measures organisations can take to protect themselves.
  • Fund Governance
    CPD 1.75 hours
    Fund governance is the high-level set of principles and guidelines by which a collective investment scheme should be managed or operated. This module explores the industry landscape, liquidity and product management, global regulatory frameworks and the implications for operational resilience.
  • Funding Long-Term Care
    CPD 1.50 hours
    With the average life expectancy gradually increasing, an ageing population is having to give serious consideration to methods of funding long-term care. However, the rules around the provision of care are complex and tend to vary across the United Kingdom. This module aims to make sense of them.
  • Futuros y Forwards: Fundamentos y Aplicaciones
    CPD 1.25 hours
    El módulo empieza definiendo el concepto de instrumento derivado, describiendo sus principales características y aplicaciones así como los tipos de derivados y de mercados donde se pueden negociar. Una vez hecha la introducción, este módulo se centra en una de las clases de derivados más utilizados, los futuros y los forwards. Se explican sus principales características y se explican los fundamentos de valoración. El módulo concluye explicando cómo utilizar estos instrumentos para invertir/ especular y realizar coberturas de exposición al riesgo de mercado.
  • General Data Protection Regulation (GDPR)
    CPD 1.50 hours
    This module sets out what organisations need to do to protect the personal information they hold under the UK General Data Protection (UK GDPR) and examines how the UK GDPR provides individuals with powerful rights in respect of their personal information held by organisations.
  • Gestión del Riesgo y Gestión Monetaria
    CPD 1.50 hours
    En este módulo se traza una introducción a una de las preocupaciones fundamentales de cualquier inversor; esto es, como usar el capital de forma inteligente, provechosa y segura. La gestión monetaria nos proporciona elementos para poder establecer los límites o fracciones del capital que se podrían destinar a la inversión de manera que se maximice el rendimiento sin incurrir en un riesgo excesivo que pudiera suponer la pérdida total del capital del inversor. La gestión del riesgo nos facilita una medición de la posibilidad de que los resultados de las inversiones realizadas sean diferentes a los inicialmente previstos o deseados.
  • Green Bonds and Asset-Backed Securities
    CPD 2 hours
    As understanding of the importance of tackling climate change has risen, as well as greater awareness of a range of environmental issues, ethical, responsible and sustainable investing has grown in importance and popularity. Green bonds and asset-backed securities offer an alternative for investors concerned with the environmental and ethical impact of how their money is used. This module will explore the various types of bonds and securities available, as well as their benefits and risks.
  • Greenwashing
    CPD 1.25 hours
    Greenwashing is the practice of exaggerating the environmental benefits of a company’s activities. While this can improve their reputation, or even result in greater profits, this deceives consumers and could even end up causing environmental harm. This module explores the key concepts surrounding greenwashing, the wider implications, and the measures being taken to fight it.
  • Hedge Funds
    CPD 0.75 hours
    A hedge fund is an investment fund typically set up under a limited partnership or limited company that pools capital from a number of investors to invest in securities and other instruments. This module examines the definition and background of hedge funds, the different types available, their inherent risks, why and how they should be used, and future developments.
  • Human Trafficking and the Modern Slavery Act
    CPD 0.75 hours
    Historically, human trafficking has perhaps not had the same profile in public consciousness as other forms of organised crime. Within the financial services sector, for example, it has received only a fraction of the attention of money laundering. However, in recent years, governments and law enforcement agencies globally have begun to recognise the scale and devastating impact of human trafficking.
  • Hybrid Working – The New Digital Revolution
    CPD 1.25 hours
    In a period of digital acceleration, this module explores the dramatic impact of hybrid working on the financial services industry during the COVID-19 pandemic. It examines the ongoing implications for employees, clients and careers, and provides practical advice on how you can thrive as a hybrid worker.
  • Impact Investing
    CPD 1.50 hours
    As participants in financial capital markets, individuals and organisations can generally select investments on any basis they wish. Conventionally, investors operate solely to maximise returns, but ethical and sustainable investors believe that moral considerations should also apply. Impact investors aim to take ethical and sustainable investment principles a step further by intentionally making investment choices that result in non-financial impacts as well as monetary returns.
  • Impact of Personal and Political Drivers on the Financial Planning Process
    CPD 2.50 hours
    This module examines what financial planning is, and the impact that political and economic factors, regulations, ethical considerations and innovations have on it.
  • Impacto y Riesgos Geopolíticos
    CPD 1.50 hours
    En este módulo se presenta una introducción a uno de los riesgos más importantes a los que se puede enfrentar cualquier inversor en el mundo actual: los riesgos geopolíticos. En un mundo de economía globalizada en el que cualquier inversor puede acceder, con más o menos facilidad, a cualquier mercado mundial, es imprescindible comprende el posible impacto que pueden tener en sus previsiones de rendimiento los riesgos geopolíticos. Tensiones entre naciones por conflictos fronterizos o de influencia en su área regional, inestabilidad política de los regímenes gobernantes en un país, conflictividad social o simplemente unas elecciones políticas, son factores que pueden impactar de forma más que notable en las inversiones. No pretende ser este módulo un tratado o una guía para poder confeccionar un análisis del riesgo geopolítico de una inversión concreta, sino más bien realizar un recorrido desde su definición, fuentes y factores que generan el riesgo, principales modelos de medición y cobertura del impacto de los citados riesgos, que provea de una visión global, aun cuando sintetizada del complejo mundo de la geopolítica.
  • Individual Savings Accounts (ISAs) Essentials
    CPD 0.50 hours
    Individual Savings Accounts (ISAs) allow UK savers to protect their money from income tax and capital gains tax. These accounts come in many varieties, each with their own unique attributes and advantages. Throughout this module, we will explore that various types of ISA and provide an outline of their broader role and purpose.
  • Inducements and Dealing Commissions
    CPD 1 hours
    The term 'inducement' is used to cover monetary or non-monetary benefits which may influence a recipient’s decisions or judgements in a particular area. This module assesses the application of the inducements and dealing commission rules, the obligations of firms, guidance on inducements, the use of dealing commissions, disclosure and record keeping, and evidential provisions.
  • Influencing Teams
    CPD 0.75 hours
    Influence is the process whereby one person modifies the attitudes or behaviour of another person. Therefore, at its most basic level, it is simply about changing someone’s behaviour. The ability to influence others, however, is clearly an essential life skill that anyone who wishes to thrive and succeed must master. This module explores the background and definition of soft skills, key leadership skills, methods of exerting influence, influencing teams and common influencing skills.
  • Information Security and Data Protection
    CPD 1.50 hours
    Today’s financial services firms use a vast amount of information to operate on a day-to-day basis. This information is the ‘life blood’ of such firms and it is important that this information, and the systems used to manage it are protected from misuse. This module explores the regulatory framework, the latest cybercrime developments, the lessons to be learnt from high profile cases and key identity issues.
  • Inheritance Tax (IHT) Essentials
    CPD 0.50 hours
    Inheritance tax is a charge on the estate of an individual upon death and is based on the current value of assets held by the individual, as well as some lifetime gifts. This module provides an introduction to inheritance tax, and examines the rates, excepted estates, how certain gifts fall into an estate and the effect of intestacy. Please note that this module focuses on the treatment of inheritance tax in the UK only, and the rules of other countries are likely to differ significantly. If you are operating in another country you should always check the local tax rules.
  • Insolvency and Bankruptcy
    CPD 1 hours
    Insolvency is the inability to meet financial obligations with lender(s) as debts become due. Both individuals and companies can be insolvent. Bankruptcy is a legal process involving a person or business that is unable to repay outstanding debts. This module provides an understanding of insolvency and bankruptcy.
  • Insurance
    CPD 1 hours
    This module examines the contract and purpose of insurance and its regulatory and legal requirements, the key insurance classes and main organisations, and the structure and features of the insurance market.
  • Insurance Distribution Directive (IDD)
    CPD 1 hours
    The Insurance Distribution Directive (IDD) sets regulatory requirements for firms designing and selling insurance or re-insurance products. This module examines what the IDD covers, why it was introduced and how it relates to everyday business. It also explores the key requirements for insurance distributors, the specific knowledge and ability requirements, the in-scope products and people, and what is required to comply with the IDD in practical terms. It also covers the impact on the IDD of the UK’s departure from the European Union ('Brexit'), including the effect on cross-border insurance business.
  • Integrity and Ethics
    CPD 1.25 hours
    Ethics is about how we live a ‘good’ or ‘valuable’ life. Integrity means, essentially, wholeness or oneness and is often used interchangeably with ethics, although it is actually an important ethical value in its own right. This module provides an understanding of ethical behaviour, ethics in finance, the importance of trust and trustworthiness, and an analysis of compliance versus ethics.
  • Introducción a la Creación y Gestión de Carteras de Acuerdo a los Perfiles de Inversión
    CPD 1 hours
    Con la realización de este módulo el individuo aprenderá y mejorará sus conocimientos del asesoramiento financiero y de asignación correcta de activos para la correcta creación de una cartera. El objetivo del módulo es recordar los principios básicos para la identificación del perfil del cliente mediante diferentes aspectos tanto internos como externos, así como refrescar como llegar a una correcta creación de una cartera teniendo en cuenta los diferentes tipos de riesgo que envuelve al cliente y su grado de aversión al riesgo.
  • Introduction to Compliance
    CPD 1.50 hours
    The focus of this module is on compliance within the UK financial services regulatory system. However, it is recognised that, for large financial institutions operating in multiple jurisdictions and markets in particular, the outlook for financial services compliance is global and, as such, multi-layered and complex. Accordingly, for readers not based in the UK, the core compliance concepts outlined in this module are relevant irrespective of jurisdiction and can be applied equally by firms operating in the UK or elsewhere.
  • Introduction to Corporate Finance
    CPD 2 hours
    There is no single definition of corporate finance, but in its broadest sense, it relates to the transactions and activities, management and techniques associated with allocating capital, such as funding new businesses or ventures, and the investment, acquisition and divestment of businesses or assets and the management of cash. This module expands on some of the various tools, techniques and related subject matter associated with the subject.
  • Introduction to Financial Planning
    CPD 1 hours
    Financial planning helps individuals realise their life goals. It looks at all the elements of a person’s finances, then comes up with a plan to help them make informed decisions about their future. This module is an introduction to the subject, covering the key aspects of the six-step process, the role of the financial planner, client attitudes to risk and the impact of technology.
  • Introduction to Financial Services
    CPD 2 hours
    Financial Services are the lifeblood of any modern economy and allow domestic and international financial activities to be carried out with security and confidence. This module will serve as an introduction to the key concepts of financial services around the world and outline how they are regulated, what the future might hold for them, and more.
  • Introduction to Portfolio Creation
    CPD 2 hours
    This module examines how and why it is important for firms to gather customer data, the process involved in developing, implementing and reviewing portfolios, how environmental, social and governance (ESG) and ethical issues can be incorporated into an investment strategy, and the ways in which portfolios can be evaluated.
  • Investment Business on the Internet
    CPD 0.50 hours
    The Electronic Commerce Directive (ECD) was intended to harmonise rules on such issues as transparency and information requirements for online service providers, commercial communications, electronic contracts and limitations of liability of intermediary service providers. It covers virtually every commercial website, not just financial services providers. This module provides an understanding of the Directive, commercial communications, and the placing and receipt of customer orders, as well as the changes caused by the UK’s exit from the European Union.
  • Investment Planning
    CPD 2 hours
    This module provides an understanding of risk, asset allocation and classes, charges, investment types, principles, and theories, ways to invest, ratios, and of how to bring them all together when considering investment planning for a client.
  • Investment Principles and Risk
    CPD 2.25 hours
    This module examines investment management and styles, diversification, charges, pricing, and returns, fact find and risk profiling, portfolio theory, socially responsible investment, collectives, debt securities, investment bonds and trusts, ISAs, National Savings, unit trusts, OEICs, UCITS, REITs, ETFs, and equities.
  • Investment Taxation
    CPD 1.50 hours
    As investors, we can choose to buy investments directly or indirectly. Direct investments include cash, fixed interest securities such as gilts and corporate bonds, as well as property and individual shares. Indirect investment in any of these asset classes is possible through collective investments, such as unit trusts, OEICs, investment trusts and life insurance policies. This module provides an understanding of this, as well as of fixed interest securities and equities, unit trusts and OEICs, life insurance policies, private equity, and other investments. The module is focused primarily on investment taxation rules in the UK, and you should be aware that rules on taxation will differ in any other geographical location.
  • Islamic Banking
    CPD 1.25 hours
    The Islamic financial infrastructure is comprised of capital markets, banks, insurance companies and regulators. Under Shariah, making money with money is deemed immoral. Accordingly, the Islamic economic framework is based on real economic activity which means that money is not considered a commodity which can be traded for any return, and financial activity must be linked to real economic activity. This means that wealth should be generated via trade or investments. Financial transactions are based on the sharing of risk and reward between the provider of funds (the investor) and the beneficiary of funds (the entrepreneur). This module provides an understanding of the history of Islamic finance, its structure, principles, asset management and products.
  • Kenya: Collective Investment Schemes (CISs) and Real Estate Investment Trusts (REITs)
    CPD 2.25 hours
    This module provides an overview of the Kenya capital markets and an in-depth understanding of collective investment schemes (CISs) and real estate investment trusts (REITs). Readers will also gain insights into the CIS and REIT regulatory environment and the principles of asset management. Other key areas covered by the module are Islamic CISs/REITs, exchange-traded funds and investor education.
  • Kenya: Corporate Governance
    CPD 2.25 hours
    Corporate governance refers to the way in which companies are governed and directed. Governance refers specifically to the set of rules, controls, policies and resolutions put in place to dictate corporate behaviour. Good corporate governance helps to build an environment of trust, transparency and accountability necessary for fostering long-term investment, financial stability and business integrity, thereby supporting stronger growth and more inclusive societies. This module explores the role and importance of good corporate governance in Kenya.
  • Kenya: Derivatives
    CPD 2 hours
    The derivatives market involves the trading of futures, options, swaps and commodity futures. This module provides an overview of the Kenyan economy, with a specific focus on the derivatives market. It discusses the risks related to trading in derivatives and details the approaches for mitigating them. The module expounds on the Kenyan derivatives regulatory framework and elaborates the various applicable regulations. It also highlights the crucial role of the Nairobi Securities Exchange.
  • Kenya: Integrity and Ethics
    CPD 2.25 hours
    Ethics is about how we live a ‘good’ or ‘valuable’ life. Integrity means, essentially, wholeness or oneness and is often used interchangeably with ethics, although it is actually an important term in its own right. This module provides an understanding of ethical behaviour, ethics in finance, the importance of trust and trustworthiness, and an analysis of compliance versus ethics. It also provides a vital pointer to the new frontiers where the financial services and its stakeholders are required to demonstrate integrity.
  • Kenya: Know Your Client (KYC) and Client Suitability
    CPD 2.25 hours
    Know your client (KYC) and client suitability are pivotal concepts at the heart of financial services, and they play a crucial role in ensuring that firms meet regulatory obligations and protect both clients and investment advisers. This module gives a detailed and foundational understanding of the KYC and client suitability concepts. It discusses suitability obligations and objectives, client suitability assessment, client categorisation and product classification, and it analyses the inherent risks associated with failure in KYC and client suitability. The module incorporates some content from Europe, United States of America (USA) and International Organization of Securities Commissions (IOSCO) to provide an international context that is intended to elevate user understanding of the cardinal concepts.
  • Kenya: Risk
    CPD 1.50 hours
    Financial risks are exposures to uncertainty created by internal or external factors that have the potential to cause a negative financial position or loss without proper controls or monitor ing. Internal factors are specific to an organisation, such as balance sheet composition, trading strategy or product offerings. External factors are those that act outside of a firm’s influence, for example market and price volatility, client behaviour and regulatory change. The impact of these factors is managed by a firm’s dedicated risk management function, through governance, controls and oversight. Investors in the financial services sector need to take financial risk in order to generate revenue and to remain competitive. Problems arise when decisions around investment activities are made without the impact being fully understood, often resulting in severe losses and reputational damage.
  • Know Your Customer (KYC)
    CPD 1.75 hours
    Know your customer (KYC) is the process by which a firm gains sufficient knowledge of a customer to meet its regulatory obligations. This module provides an overview of the KYC process. While some of the specific examples are drawn from the UK, the main content of the module reflects international standards and best practice (in particular, the recommendations issued by the Financial Action Task Force (FATF)), and it outlines the principal elements of the KYC process, while recognising that most firms will have their own internal policies which will set out the specific steps that must be undertaken.
  • La Entidad Aseguradora
    CPD 1.50 hours
    La institución aseguradora se define como un conjunto de medios que se ponen a disposición de los que están amenazados por un riesgo, en los que se incluyen conocimientos técnicos especializados, entidades aseguradoras y distribuidores de seguros, y los legisladores con leyes específicas sobre el sector asegurador.
  • La LOSSEAR
    CPD 1.50 hours
    La Ley de Ordenación, Supervisión y Solvencia de las Entidades Aseguradoras y reaseguradoras conocida por sus siglas: LOSSEAR, supone el máximo texto normativo en relación con la organización del sector asegurador, pues de la misma emanan las reglas del acceso a la actividad aseguradora, la supervisión y control de dichos requisitos, y en general supone la norma encomendada a confirmar la estabilidad y la solvencia de las Entidades Aseguradoras.
  • Las Criptomonedas y la Cadena de Bloques (Blockchain)
    CPD 2.25 hours
    El profesional aprenderá qué es la criptomoneda y cómo surgieron las criptomonedas como un producto secundario del efectivo digital, cómo funciona y ejemplos, qué hacen los mineros, cómo crean monedas y confirman transacciones. Se explica también el futuro como el amanecer de una nueva economía y sus propiedades: revolucionarias, transaccionales y monetarias.
  • Las Operaciones Vinculadas
    CPD 1.50 hours
    En este módulo se abordan aquellos aspectos principales que atañen a las denominadas “operaciones vinculadas”. Las operaciones vinculadas son aquellas que se realizan entre personas físicas o jurídicas entre las cuales existe un determinado grado de vinculación entre ellas, ya sea porque pertenecen a un mismo grupo empresarial, comparten administradores, tienen accionistas comunes, o porque existe una relación familiar de primer o segundo grado entre las personas que realizan la operación. En España, la Ley 36/2006, de 29 de noviembre, de medidas de prevención del fraude fiscal significó la codificación del artículo 16 de la Ley reguladora del Impuesto sobre Sociedades, en lo referente a estas operaciones. Así, en este módulo se expondrán, en detalle, aquellos aspectos que desarrolla el legislador en cuanto a supuestos de vinculación, requerimientos obligatorios de documentación, cómo se valoran las operaciones, impacto contable, e impacto fiscal de modo que el profesional del sector financiero pueda tener una idea clara y precisa de las implicaciones y efectos, permitiendo mejorar su nivel de asesoramiento.
  • Leadership in a Digital World
    CPD 1.25 hours
    Digitalisation is the use of digital technologies to change business models and provide new revenue and value-producing opportunities. In this module, we will see why leadership is foundational to successful digitalisation in financial services. We will explore the differences between traditional and evolving leadership, the role of leadership in determining a digital strategy and identify the key areas of benefit and cost.
  • Liderazgo de Equipos en el Sector de Servicios Financieros
    CPD 1.50 hours
    En este módulo se propone una reflexión 180º sobre el liderazgo en equipos financieros, proponiendo un modelo de actuación basado en la influencia y repercusión de la ausencia de un liderazgo real y los beneficios de la existencia del mismo. Este eje entre la existencia y la no existencia del liderazgo (los 180º enunciados) permitirá establecer una serie de conclusiones y características que permitirán enunciar tanto las claves como las cualidades del líder en el sector financiero en el siglo XXI. Asimismo, se proponen una serie de reflexiones importantes sobre la utilidad y valor que debe otorgarse al liderazgo en una organización, siendo la principal su implementación como sistema de prevención para garantizar una actuación justa y prudente que borre de la imagen de las organizaciones de sector financiero todas aquellas malas praxis de los pasados años.
  • Lucha Contra el Blanqueo de Capital
    CPD 1.50 hours
    En este módulo se examina la legislación y las reglamentaciones en materia de lucha contra el blanqueo de capitales, el papel del responsable de notificaciones sobre blanqueo de capitales, el procedimiento a seguir para la notificación de posibles casos de blanqueo de capitales, la Normativa sobre el Blanqueo de Capitales de 2007, la Ley sobre los Productos del Delito de 2002, la financiación del terrorismo y las sanciones y las multas que pueden imponerse.
  • Managing a Multi-Generational Workforce
    CPD 1.50 hours
    For the first time in history, the composition of our workforces is truly multi-generational and there are now five generations represented, each with its own talents and skill sets. The challenge for management is not only how to manage the very diverse skill sets, but also how to align them so that their skills and expertise are fully unitised and blended into the operations of the company.
  • Managing Charity Portfolios
    CPD 1.25 hours
    Many charities are beginning to understand and embrace the opportunities to align their core activities with their investments, often by adopting ethical or sustainable investment approaches. This module is designed to help those working with charities to understand the options available to them, and to support the execution of investment strategies that align with their mission.
  • Managing Conflict at Work
    CPD 1.25 hours
    This module explains the strategic, human and operational factors that can create conflict in a financial services business, and outlines approaches to resolve them. It shows how building a supportive, diverse and inclusive culture can turn conflict into creativity and drive superior results.
  • Managing in the Regulatory Environment
    CPD 1 hours
    This module is aimed at those who are subject to the conduct rules and who manage or supervise other people. It provides an understanding of the regulatory framework and expectations and obligations on managers, personal responsibilities and responsibilities for managing others, taking on new entrants, and what to do if things go wrong.
  • Managing Operational Risk
    CPD 1.25 hours
    Financial institutions and global regulators are having to pay greater attention to identifying, measuring, monitoring and managing risks within the financial system. Operational risk is the risk of loss resulting from inadequate or failed processes, people and systems or from external events. This module will explore the main types of operational risk, how they can be mitigated, and the hazards that organisations might face in the future.
  • Managing Student Debt
    CPD 1 hours
    Funding further or higher education can be as challenging and fraught as graduating. With so many options, sources of support and potential pitfalls out there, and the possibility of living with sizeable debt well into working life, making informed decisions before, during and after your time as a student is essential. In this module, we will explore the challenges that students and their families might face, what help is available, and how to avoid worst-case scenarios.
  • Market Abuse
    CPD 1 hours
    Market abuse is behaviour which affects a financial market adversely and which can unreasonably disadvantage investors in that market, directly or indirectly. There is a very wide range of abusive behaviour which, broadly, can be divided into insider dealing, misuse of information, and market manipulation. This module examines market abuse, its offences, scope, penalties, safe harbours, its international perspective, the Code of Market Conduct, the regular user test, reporting obligations and the relationship with other offences.
  • Mediación y Resolución de Conflictos ¿Pleito o Pacto?
    CPD 1.25 hours
    Esta unidad didáctica tiene la finalidad de dar a conocer qué es la Resolución Alternativa de Conflictos, para qué sirve, sus características, sus variantes, las ventajas de recurrir a ella y la forma de acceder a esta especialidad de la Conflictología.
  • Mental Health and Wellbeing
    CPD 1 hours
    Good mental health has an impact on a person’s physical health and many other aspects of their life. Mental health fluctuates over time, and there are many factors that impact our sense of wellbeing. This module will examine ways in which we can look after our own mental health, factors that affect us and how we can help others.
  • Mergers and Acquisitions
    CPD 1.50 hours
    Mergers and acquisitions (M&A) is the process of combining two or more separate companies to form a larger, consolidated, more valuable one. There are many sorts of deal which generally fall into the category of M&A – this module will consider the most common.
  • MiFID II
    CPD 1.25 hours
    The Markets in Financial Instruments Directive (MiFID) was a European Union (EU) legislative act which provided a harmonised regulatory regime for investment services across the member states of the European Economic Area (EEA). MiFID II expands on MiFID and includes investment firms and credit institutions selling structured deposits and emission allowances. This module explores the origins and history of MiFID II, the organisations and products covered, its impact on the Conduct of Business requirements and its implementation.
  • MiFID II (Español)
    CPD 1.25 hours
    La MiFID fue una ley de la Unión Europea que proporcionó un régimen normativo armonizado para la inversión en los 31 estados miembro del Espacio Económico Europeo. La MiFID II amplía la MiFID e incluirá a las empresas de inversión que venden depósitos estructurados y derechos de emisión. Este módulo examina los orígenes y la historia de la MiFID II, las organizaciones y los productos que cubre, su efecto sobre las exigencias de las normas de conducta y las protecciones y la aplicación.
  • MiFID II: Requerimientos ESMA Para Asesores (ICFA/ICWM) Módulo 1
    CPD 2.50 hours
    La MiFID es una Directiva de la Unión Europea que proporciona un régimen normativo armonizado para la inversión en los 31 estados miembro del Espacio Económico Europeo. La MiFID II amplía la MiFID e incluirá a las empresas de inversión que venden depósitos estructurados y derechos de emisión. Este módulo examina los orígenes y la historia de la MiFID II, las organizaciones y los productos que cubre, su efecto sobre las exigencias de las normas de conducta y las protecciones y la aplicación.
  • MiFID II: Requerimientos ESMA Para Asesores (ICFA/ICWM) Módulo 2
    CPD 5 hours
    La MiFID es una Directiva de la Unión Europea que proporciona un régimen normativo armonizado para la inversión en los 31 estados miembro del Espacio Económico Europeo. La MiFID II amplía la MiFID e incluirá a las empresas de inversión que venden depósitos estructurados y derechos de emisión. Este módulo examina los orígenes y la historia de la MiFID II, las organizaciones y los productos que cubre, su efecto sobre las exigencias de las normas de conducta y las protecciones y la aplicación.
  • Mindfulness
    CPD 1.25 hours
    Today, it is all too easy to allow the more challenging aspects of our professional and personal lives to dominate our thinking. The lockdown experience, with its prolonged working from home period has, for many professionals, blurred the lines between professional and private life even further. A few bad experiences can lead us to believe that a negative pattern is starting to form, and we can begin to expect the worst for the future. Mindfulness helps to bring our focus and attention into the here and now and seeks to break cycles of negativity in how we view ourselves and the world around us.
  • Misconduct in Wholesale Financial Markets
    CPD 2 hours
    Misconduct in financial markets disadvantages investors, undermines market confidence and has caused public outrage. The 2012 scandal surrounding the manipulation of the London Inter-bank Offered Rate (LIBOR), and the subsequent foreign exchange rate scandal, brought attention to the then less-regulated wholesale fixed income, currency and commodity (FICC) markets. Misconduct in these markets can occur in a wide range of asset classes and legal jurisdictions. This module covers the regulatory background (more fully covered in the CISI’s Market Abuse Professional Refresher module) and examines the main types of misconduct in the wholesale financial markets, their relationship with other offences and their international scope across different asset classes.
  • Modalidades del Seguro de Vida
    CPD 1.25 hours
    Los seguros de vida se pueden clasificar por diferentes criterios como según el objeto de su cobertura, el periodo que comprende, la forma de pago, etc. La amplitud de clasificación se debe a la evolución que ha sufrido los últimos años en los que se han ido incorporando diferentes características y han hecho de él un producto flexible y versátil. Es importante conocer las diferentes clasificaciones y las implicaciones de las mismas para conocer a fondo el funcionamiento de los seguros de vida.
  • Networking
    CPD 1.50 hours
    Networking is the art of creating and nurturing meaningful, professional and mutually beneficial relationships. Networking is a skill that can be harnessed to achieve any number of goals but, for a lot of people, it is something that is likely to be dreaded and avoided. Throughout this module, we will explore some of the most effective strategies for networking, how to enjoy it and how to make it a part of your daily working life.
  • Neuroscience at Work
    CPD 1.25 hours
    Neuroscience can be seen as a trainable technique and tool that can be learnt and implemented in the workplace, into the daily working routine. When properly understood, it can help us better manage ourselves in terms of output, cooperation with colleagues, attitude and productivity, so that, when we are faced with new challenges or disruptions, increased pressure of changes in workloads and deadlines, we can still work optimally without loss of efficiency or focus, and without harming our mental or physical health and wellbeing.
  • Non-Executive Directors' Roles
    CPD 1.25 hours
    A non-executive director (NED) is a member of the board of directors of a company, but the NED is not responsible for the day-to-day running of the company, nor for making any executive decisions. A NED, therefore, is not an employee of the company but is retained upon a contract for services, being paid a fee rather than a salary, and should not receive any incentive payments such as a bonus. This module provides an understanding of NEDs, their roles, the regulatory environment for them, how they are changing, and what makes a good NED.
  • Offshore Fund Administration (Crown Dependencies)
    CPD 0.75 hours
    Offshore funds are provided by many jurisdictions on every continent. They differ from most UK-based onshore funds in that the funds themselves suffer little or no taxation within the jurisdiction in which they are based. This module provides an understanding of offshore fund structures, the legal and regulatory framework, types of investment, administration and the distribution of offshore funds.
  • Open Banking and Finance
    CPD 1.25 hours
    Open banking enables consumers to achieve an all-round, single platform view of all their bank accounts, allowing for easier comparison and switching, and for fintech providers to offer them innovative products and services to maximise their finances. Open finance is the next step in this process of liberating and sharing data as it extends the principles behind open banking to a much wider range of financial services products. This module examines open banking and open finance, assessing the advantages, the risks, and the growing international perspective.
  • Operational Resilience
    CPD 1.25 hours
    The concept of ‘operational resilience’ has been receiving increased attention from financial services regulators, both in the UK and internationally, in recent years. The priority being given to the concept and the requirements which are being imposed on firms predate the current COVID-19 crisis (at the time of writing, June 2020, the UK, together with many other countries, is subject to ‘lockdown’ restrictions intended to restrict the spread of the virus). However, consideration of how firms adapt to large-scale and unexpected disruption to their business activities has taken on new importance in the light of the virus’s spread, and the wider impact of the various ‘social distancing’ measures which have been adopted. The purpose of the module is to provide an introduction to the concept of operational resilience and to the practical implications for firms of the regulators’ developing policy in this area. The module also briefly explores the relationship between operational resilience and the, perhaps, more familiar concept of risk management.
  • Paraplanning
    CPD 0.75 hours
    A paraplanner is a person who works with a financial planner or financial adviser and completes a number of the non-client facing tasks involved in preparing and administering a financial plan or report for a client. Once, the role of the paraplanner was seen as bridging the gap between the financial administrator and the financial adviser, or as a ‘trainee financial adviser’. Today, many paraplanners are recognised as highly skilled financial planning professionals who are essential for the smooth running of a financial planning practice. This module examines the sector of paraplanning, the role, key skills, and qualifications of the paraplanner and how they fit into a financial planning environment. In this module we will cover the skills required to be a good paraplanner and also look at some of the tasks performed by paraplanners. It is important to note that the role of a paraplanner has not been clearly defined; paraplanners in one practice may perform very different duties to paraplanners in another. The role of the paraplanner continues to grow and develop. Similarly, there is no defined route as to how a paraplanner’s career may develop. Some see paraplanning as a route to becoming a financial planner, financial adviser or technical specialist; others see paraplanning as a career in itself.
  • Payment Technologies
    CPD 1.50 hours
    Payments, and the technology that supports them, are an essential requirement to ensure the smooth operation of the global economy. This module covers payment technology, examines the size and importance of the industry, provides an overview of the main predicted trends and looks at the growing use of cryptocurrencies and digital currencies.
  • Pensions Advice
    CPD 1 hours
    The government changes introduced in April 2015 give individuals far greater freedom over how to take their retirement savings, changing overnight the expected default option of an annuity purchase. This module investigates the issues relating to giving financial advice and guidance following the introduction of the new ‘pension freedoms’, transfer and decumulation, and problems with accessing the new freedoms.
  • Pensions and Provisions
    CPD 1.50 hours
    This module examines the definition and history of pensions, legislation and regulation, state provisions and occupational pension schemes, auto-enrolment and NEST, saving for retirement, tax relief, retirement planning and benefits, the volume of the pensions market, and international retirement planning
  • Permissions Regime
    CPD 0.75 hours
    The permissions regime is a central element of the UK financial services regulatory regime, since it sets out the activities for which the regulators’ authorisation is required. This module provides an overview of the legal obligations relating to authorisation, and the range of activities covered by the rules.
  • Perspectiva 360º Sobre la Nueva Normativa de Distribución de Seguros (IDD)
    CPD 2 hours
    La incorporación al ordenamiento jurídico español de la Directiva (UE) 2016/97, del Parlamento Europeo y del Consejo, de 20 de enero de 2016, sobre distribución de seguros –“IDD” por sus siglas en inglés o “Directiva de Distribución”- refunde y deroga la Directiva 2002/92/CE sobre Mediación de Seguros –“IMD” según siglas en inglés”, con una serie de objetivos: Incrementar y mejorar la protección del consumidor del seguro minorista armonizando disposiciones nacionales relativas a distribución de seguros y reaseguros, establecer condiciones necesarias que garanticen una igualdad de trato entre los distintos distribuidores de productos de seguros, aportando una protección al consumidor con independencia del canal por el que haya optado para adquirir sus productos de seguro, y reforzar la protección de tomadores de seguros, especialmente en lo relativo a productos de seguro de vida con componentes de inversión. La IDD es una directiva de armonización mínima, que permite, en su caso, que los Estados miembros puedan aplicar disposiciones más estrictas de protección de consumidores, siempre que tales disposiciones sean compatibles con el Derecho de la Unión, incluida la propia Directiva. La transposición de la Directiva (UE) 2016/97, aunque establecida hasta un plazo máximo de transposición, se encuentra en la actualidad en las últimas fases de tramitación parlamentaria. Con la referida finalidad de incrementar la protección a los asegurados, la IDD establece requisitos en diversos ámbitos: de información general (precontractual, postcontractual…), en materia de retribuciones e incentivos, en materia de conflictos de interés, Gobernanza de Productos, y Normativas de conducta específica en la venta y contratación de productos de inversión basados en seguros -IBIPs-.
  • Planificacion de la Jubilacion: los Planes de Pensiones
    CPD 1.75 hours
    ¿Existirá el sistema público de pensiones cuándo me jubile? ¿Cómo planifico mi jubilación? ¿Es un plan de pensiones la opción más rentable? ¿Qué podría hacer para tener una jubilación digna? La preocupación por saber cómo viviremos cuándo lleguemos a la vejez se ha convertido en uno de los aspectos fundamentales que demandamos de un asesor financiero. Existen diversidad de productos financieros que se pueden tener en cuenta a la hora de planificar la jubilación. En este módulo se desarrollan las características fundamentales del producto estrella en este ámbito de actuación de los asesores financieros: el Plan de Pensiones. Es importante conocer en profundidad los diferentes tipos que existen, la forma de rescatarlos, como planificar la fiscalidad del mismo y su regulación a la hora de ofrecer a nuestro cliente la mejor opción para cubrir su necesidad de rentas en el momento de la jubilación y contribuir a mitigar su desasosiego ante la llegada de esa etapa en su vida.
  • Portfolio Stress Testing
    CPD 1.25 hours
    Portfolio stress testing against significant historical market events, or using invented scenarios, may help identify and quantify risks. It can help reassure the portfolio or risk manager as to how the portfolio might respond to specific market outcomes or other concerns. This module examines stress testing of a portfolio of conventional assets against market risks. It includes a definition of stress testing and a classification, as well as practical examples. The stress-testing methodologies explored include both ‘historical’ and ‘hypothetical’ stress tests. Examples are used to illustrate key concepts, drawing out the strengths and weaknesses of stress testing.
  • Powers of Attorney
    CPD 2 hours
    Imagine what would happen if you were no longer able to deal with your own finances or to look after your own affairs, possibly as a result of a serious illness or accident. It is important to be prepared for these eventualities – the most common way is through the use of a power of attorney (POA). This module examines what POAs are, how they are governed, the different types available and their duties.
  • Presentation Skills
    CPD 1.25 hours
    Financial services professionals are frequently challenged to differentiate both their firms and themselves from the competition. The ability to deliver clear, concise and compelling presentations is one way in which people can address this challenge. This module provides an understanding of the importance of soft skills, the various types of presentations, how to prepare and structure a presentation, how to utilise visual aids and how to deliver a presentation with confidence and conviction.
  • Prevention and Detection of Fraud and Corruption
    CPD 2 hours
    Firms in every industry face the risk of being affected by fraud and corruption. Financial services firms in particular must have systems in place to avoid or, once they have occurred, detect and mitigate the effects of unethical or illegal behaviour. This module is intended to help professionals understand and, hopefully, reduce the likelihood of fraud or corruption occurring.
  • Price Stabilisation
    CPD 0.75 hours
    This module provides an understanding of what price stabilisation is, specifically in the context of the UK, the US and the EU.
  • Principles of RDR
    CPD 0.75 hours
    The regulatory regime that derives from the Retail Distribution Review (RDR) is a key part of the consumer protection strategy of the Financial Conduct Authority (FCA). This module provides an understanding of the RDR in relation to qualifications, statements of professional standing, the description of advice, and adviser charging.
  • Problem Solving
    CPD 1.25 hours
    Problems are part of everyday life for any firm, but how we deal with those problems varies wildly, as does the rate of success. Whether dealing with them alone or as part of a team, this module will outline the ways in which you can get to the root of any problem and find the best possible solution.
  • Productos de Crédito y Financiación
    CPD 2.25 hours
    Habitualmente se divide el sector de servicios financieros en cuatro categorías: la gestión de inversiones, los seguros, la banca de inversión y la banca comercial o minorista. En este módulo se presenta una de las actividades que forman parte del core business de la banca comercial: la financiación a clientes. Comenzaremos por describir qué entidades proporcionan la financiación a los clientes; esto es las entidades de crédito y los establecimientos financieros de crédito, así como las actividades que realizan. Una vez conocidas estas, el módulo se divide en dos grandes bloques: la financiación a las personas físicas o particulares y la financiación a las personas jurídicas (empresas, cooperativas, fundaciones,…). Para cada uno de estos bloques describiremos sus necesidades típicas de financiación y se presentaran los productos adecuados para cada una de estas necesidades. Sin pretender ser un tratado sobre la financiación, si se enumeran y describen las operaciones de financiación más usuales en el mercado.
  • Productos de Inversión Estructurados
    CPD 0.75 hours
    Se dice con frecuencia a los inversores que las rentabilidades más altas solo pueden conseguirse asumiendo un riesgo mayor. Podría asumirse, por lo tanto, que para beneficiarse de los niveles de rentabilidad disponibles de la inversión en valores, los inversores deben estar dispuestos a poner su capital en riesgo –en otras palabras, a arriesgarse a perder dinero. Este módulo proporciona una visión general de un tipo de inversión que a veces se presenta como capaz de proporcionar rendimientos similares a los de los valores además de garantizar al mismo tiempo el capital del inversor, concretamente los productos de inversión estructurados (SIP, por sus siglas en inglés). En el módulo se explica cómo se construyen los SIP, se examinan sus características principales y también se explica cómo los SIP modifican, en lugar de eliminar, el riesgo para el capital del inversor.
  • Project Management
    CPD 1.50 hours
    This module provides an understanding of project management, from the initial stages in the project lifecycle, and the roles and responsibilities involved, through to the implementation and output of a successful handover and close-out.
  • Protección de Datos
    CPD 1.75 hours
    Este módulo estudia las técnicas y procedimientos que tienen por objeto establecer una correcta política de datos personales cumpliendo con la legislación vigente para minimizar los riesgos de sanciones por incumplimiento o cumplimiento defectuoso de las prescripciones legales. El nuevo Reglamento Europeo de Protección de Datos ha entrado en vigor el 25 de mayo de 2018 en todos los países de la Unión Europea, y también se ha aprobado el Real Decreto-ley 5/2018, de 27 de julio, de medidas urgentes para la adaptación del Derecho español a la normativa de la Unión Europea en materia de protección de datos. Esta nueva normativa, afecta a todas las empresas en cuanto dispongan de datos personales de clientes, trabajadores y terceros, potenciando un compromiso activo en la salvaguardia de los derechos fundamentales, en particular los que tienen que ver con la privacidad en todos los ámbitos, pero especialmente en internet. El alumno adquirirá conocimientos y habilidades para conocer el sistema de protección de datos de carácter personal, en los aspectos más relevantes. El tratamiento y procedimientos que deben darse a dichos datos; los derechos y obligaciones que tiene el titular y el responsable de los mismos y el régimen sancionador en caso de incumplimiento.
  • Public Speaking Without Fear
    CPD 1.75 hours
    The development of good personal communication skills is absolutely essential in the financial services sector when considering the many conference calls, meetings, presentations, workshops and public events which feature in the agendas of many professionals. This module serves as an introduction to mastering the ability to communicate effectively in front of an audience, commonly known as public speaking.
  • RDR Adviser
    CPD 0.75 hours
    The regulatory regime that derives from the Retail Distribution Review (RDR) is a key part of the consumer protection strategy of the Financial Conduct Authority. This module examines platforms, distributors, adviser charging, communicating with customers, and operational processes and ongoing compliance.
  • RDR Independence
    CPD 0.50 hours
    The regulatory regime that derives from the Retail Distribution Review (RDR) is a key part of the consumer protection strategy of the Financial Conduct Authority (FCA). This module provides an understanding of independent, restricted, and basic advice, and disclosure and communication.
  • RDR Professionalism
    CPD 0.50 hours
    The regulatory regime that derives from the Retail Distribution Review (RDR) is a key part of the consumer protection strategy of the Financial Conduct Authority. This module explores mandatory minimum qualifications, statements of professional standing, continuing professional development, firms’ training strategies, and compliance and FCA oversight
  • Regtech
    CPD 1.25 hours
    Financial services regulation has expanded at an astounding rate since the 2008 global financial crisis, as has the cost of regulatory compliance. What was once a negligible expense has become a material component of regulated firms’ annual spending, hence the emergence of Regtech. The module provides an introduction for those who have an interest in, but limited knowledge of, Regtech.
  • Regulation and Ethics
    CPD 1.25 hours
    This module explores the UK financial services sector, the regulation of financial services, the regulatory advice framework, key financial advice legal issues, and ethics and integrity.
  • Regulation of Platforms
    CPD 1.25 hours
    A platform is software through which investors and traders can open, close and manage market positions. Trading platforms are frequently offered by brokers either for free or at a discount rate in exchange for maintaining a funded account and/or making a specified number of trades per month. This module provides an understanding of FCA and HMRC regulations and the impact that the UK leaving the European Union has had on the use of platforms.
  • Regulatory Expectations – Culture and the FCA
    CPD 1.25 hours
    With an increasing regulatory focus on culture, every firm needs to recognise that building a healthy culture is an essential business priority. The aim of this module is to discuss how the Financial Conduct Authority (FCA) views culture in regulated financial services firms, why having a ‘positive’ culture in place can reinforce ethical behaviour in firms, and how firms can understand and contribute to improving the financial services sector through their commitment to transforming culture.
  • Regulatory Update April-June 2021
    CPD 1 hours
    This module provides a briefing on recent regulatory changes for those working for UK-regulated firms, particularly senior managers and compliance professionals. It is divided into two parts – general regulatory changes and sector changes – and offers a short overview of recent key developments. The views expressed in this module are the author’s own, and not necessarily those of the CISI.
  • Regulatory Update Q3-Q4 2021
    CPD 1 hours
    This module provides a briefing on recent regulatory changes for those working for UK-regulated firms, particularly senior managers and compliance professionals. It is divided into two parts – general regulatory changes and sector changes – and offers a short overview of recent key developments. The views expressed in this module are the author’s own, and not necessarily those of the CISI.
  • Remuneration Code
    CPD 1 hours
    The Remuneration Code contains a set of rules and guidance concerning the structure of remuneration packages paid to employees. The aim of the Code is to ensure greater alignment between risk and individual reward, discourage excessive risk-taking and short-termism, encourage more effective risk management, and support positive behaviours and a strong and appropriate conduct culture within firms. This module examines the Remuneration Code, including its background and history, the purpose and applications of the Code, the Remuneration Code principles, as well as recent and future developments.
  • Rentas Vitalicias Como Producto Complementario a la Pensión Pública
    CPD 1.50 hours
    Este módulo permitirá conocer el entorno actual socioeconómico en España, y entender la importancia que los sistemas privados complementarios a la pensión de jubilación tendrán de hoy en adelante. Conoceremos las dificultades por las que atraviesa el sistema público de pensiones en España, derivado de la mayor esperanza de vida de la población y de la baja tasa de natalidad, y las consecuencias que tiene ello para las futuras pensiones. Derivado de ello, se crea la necesidad de potenciar los sistemas privados complementarios a la pensión de jubilación de la seguridad social, a través de mecanismos de ahorro como fondos de inversión, seguros de ahorro, inversión en inmuebles, etc. El análisis de este módulo se centrará en el producto de rentas vitalicias. Se analizará en detalle las características de las rentas vitalicias para comprender el papel que este activo financiero, tramitado a través de un seguro de vida, tienen como vehículo de ahorro complementario a la jubilación. También se analizará en profundidad su tratamiento fiscal para ver las bondades del producto, detallando su evolución en función de la edad de la persona que contrata el producto. La última parte del módulo identificará el mercado potencial para este tipo de producto, para focalizar a los clientes que puedan estar interesados en su contratación.
  • Responsible and Sustainable Investment Funds and the Equity Markets
    CPD 2 hours
    This module examines what responsible and sustainable investment is, why it matters, the screening processes that are available, corporate social responsibility, ways to invest responsibly and sustainably, investment indices against which performance can be benchmarked, and the future of responsible and sustainable investing.
  • Responsible Investment – The Taxonomy
    CPD 1.75 hours
    Taxonomies help address concerns about weak or inadequate practice. This module explores how the taxonomies work to support responsible investment goals, as well as the various implications and possible challenges.
  • Retail Investment Advice in the UK
    CPD 1 hours
    This module will consider the regulator’s definitions of the various types of advice. It will also explore the background and give an overview of retail investment advice, as well as personal recommendations, an overview of suitability and appropriateness, and implications.
  • Retail Investment Products
    CPD 0.75 hours
    The term ‘retail investment product’ encompasses all of the following: a life policy, a unit in a collective investment scheme, a stakeholder pension scheme, a personal pension scheme, an interest in an investment trust savings scheme, a security in an investment trust, any other designated investment which offers exposure to underlying financial assets in a packaged form which modifies that exposure when compared with a direct holding in the financial asset, and a structured capital-at-risk product, whether or not any of these are held within an ISA or a child trust fund. This module provides all necessary definitions and an understanding of life policies, stakeholder and personal pension schemes, units, investment trusts and savings schemes, structured capital-at-risk products and alternative investment options.
  • Retirement Planning
    CPD 1.75 hours
    Retirement planning is the planning one does to be prepared for life after paid work ends, not just financially but in all aspects of life such as how to spend time in retirement, where to live, and when to completely quit working. This module looks at different financial provisions for retirement that are available privately, from the state, and from employers.
  • Riesgo
    CPD 0.75 hours
    El Oxford English Dictionary define el riesgo como “una situación que implica la exposición a un peligro”, o una “posibilidad de daño o perjuicio contra la que se asegura algo”. El riesgo puede producirse debido a acontecimientos externos, como por ejemplo la economía global, acontecimientos políticos, fuerzas sociales y del mercado, fenómenos naturales y progreso tecnológico, o debido a factores internos, como por ejemplo el consejo de administración, inversores institucionales y clientes o los procedimientos internos operativos, financieros y de cumplimiento de una empresa. Este módulo permite comprender el riesgo, sus categorías principales, el riesgo en los servicios financieros y la manera en que se gestiona, la propensión al riesgo, el fraude y el robo, la seguridad de la información y la continuidad de las operaciones.
  • Risk Management
    CPD 1.50 hours
    Risk management is the structured approach used to identify, assess, mitigate and monitor all risks that an organisation faces. This module defines what risk is, assesses the different categories that a firm could face, and examines the key steps in the risk management process and the three lines of defence model.
  • Robo-Advice
    CPD 0.75 hours
    The term ‘robo-advice’ generally refers to the development of web-based systems which provide investment advice or portfolio management to clients without the (direct) involvement of a human adviser. Such a system has a number of attractions, particularly the potential to provide consistent and robust investment services to clients at a significantly lower cost than is currently possible. The concept’s detractors, however, state that there are inherent complexities in providing investment advice that fully reflects all of a client’s unique personal needs and circumstances. This module provides an understanding of robo-advice, the definition of advice, and the implications of giving it, the impact of the Financial Advice Market Review, and the way ahead.
  • Rwanda Regulation & Market Practice
    CPD 2.25 hours
    Rwanda Regulation & Market Practice
  • SAIS: FATCA and the CRS (South Africa)
    CPD 1.25 hours
    This module provides an overview of FATCA and the CRS, with specific application in South Africa. It highlights some differences between FATCA and the CRS, examines the classification of entities under both regimes and Global Intermediary Identifier Number registration, and it gives an overview of the reporting obligations and the consequences of non-compliance.
  • SAIS: MiFID II Implications for South African Entities
    CPD 1 hours
    The aim of this module is to provide the reader with information on the impact of the Markets in Financial Instruments Directive 2014/65/EU and the Markets in Financial Instruments Regulation (commonly referred to as “MiFID II”) on South African investment companies. The module briefly gives some background on the establishment of the Markets in Financial Instruments Directive (“MiFID”). It explains MiFID II in the context of the Markets in Financial Instruments Regulation (“MiFIR”) and highlights its key components. The module then focuses on the various components of MiFID II that might affect South African investment companies. It reaches a conclusion with the practical impact that MiFID II has had on some South African investment companies and briefly reflects on the way forward.
  • Sanctions and Global Markets
    CPD 1.25 hours
    This module provides an understanding of sanctions, global markets, trade, political, economic and financial sanctions (inside and outside of the UK) and their consequences, UK financial sanctions systems and controls.
  • School Fees Planning
    CPD 2.25 hours
    Given the importance that education plays throughout childhood and adulthood, it should come as no surprise that many parents are willing to pay a premium to ensure their children get the best education available. This module is intended to help financial planners identify and address the requirements of clients who are seeking school fee planning advice.
  • Securities Financing
    CPD 1 hours
    Securities financing is the act of borrowing or lending cash or securities against collateral. This module examines stock borrowing and lending, the activity and life of a loan, the restrictions on borrowing and lending, legal ownership aspects, repurchase agreements, risk mitigation, prime brokerage, and market sentiment and perception.
  • Self-Management
    CPD 1.25 hours
    Self-management can facilitate you taking ownership of your wellbeing, behaviours and success, both inside and outside of the workplace. This module will consider the key factors influencing, and the benefits of, self-management, the strategies for getting organised, and how to improve the accountability of you and your team.
  • Senior Managers and Certification Regime
    CPD 1 hours
    The Senior Managers and Certification Regime (SMCR) is intended to increase the personal accountability of senior managers and other key staff so as to address the widely held perception that regulators have been unable to hold such individuals to account effectively. This module offers an introduction to the regime, its background and definitions, obligations and future developments.
  • Senior Managers and Certification Regime Q&A
    CPD 1.50 hours
    The Senior Managers and Certification Regime (SMCR) is intended to increase the personal accountability of senior managers and other key staff to address the widely held perception that regulators have been unable to hold such individuals effectively to account. Using 20 key questions and answers, this module examines certain practical considerations facing firms and their senior personnel arising from the implementation of the SMCR into day-to-day business activities. Ideally, it should be read in conjunction with other CISI SMCR-related Professional Refresher modules (namely Senior Managers and Certification Regime, Certification – What it Means for You and Conduct Rules for All Staff).
  • Shares Essentials
    CPD 0.50 hours
    Shares, also known as equities, represent ownership in a company. While owning shares has many benefits, there are also inherent risks. Here we explore the ins and outs of owning shares, the different types available, and how they are traded globally.
  • Singapore: Behavioural Finance Professional Refresher P211014QJN
    CPD 1 hours
    Behavioural finance has been described as ‘the study of human fallibility in competitive markets’ or as ‘the application of the psychology of decision making to financial market behaviour’. This module explores the background to behavioural finance, its implications, the regulator’s perspective, and the role of biases and mental ‘rules of thumb’ (known as heuristics).
  • Singapore: Conflicts of Interest Professional Refresher P211014UZJ
    CPD 0.75 hours
    Conflicts of interest can arise in all fields and sectors. The existence of a conflict of interest is not unethical in itself and there are a number of ways in which conflicts in the workplace can be properly identified and managed appropriately. However, the actions taken by a firm where there is a conflict of interest may pose legal, regulatory and reputational challenges. This module examines the UK regulatory requirements, examples of conflicts of interest, tools, policies and procedures, enforcement action, and good practice.
  • Singapore: Financial Crime Professional Refresher P211014SQH
    CPD 1.50 hours
    Financial crime is defined as any kind of criminal conduct relating to money or to financial services or markets, including any offence involving fraud or dishonesty or misconduct in, or misuse of information relating to, a financial market or handling the proceeds of crime. This module will focus on insider dealing, market abuse, money laundering, terrorist finance and financial sanctions.
  • Singapore: Integrity and Ethics Professional Refresher P210728RJU
    CPD 1.25 hours
    Ethics is about how we live a ‘good’ or ‘valuable’ life. Integrity means, essentially, wholeness or oneness and is often used interchangeably with ethics, although it is actually an important ethical value in its own right. This module provides an understanding of ethical behaviour, ethics in finance, the importance of trust and trustworthiness, and an analysis of compliance versus ethics.
  • Singapore: Vulnerable Clients Professional Refresher P211014NAD
    CPD 1 hours
    Vulnerable customers may be significantly less able to represent their own interests, and more likely to suffer harm than the average consumer. The recent FCA final guidance (FG21/01) on fair treatment for vulnerable customers indicated that 50% of the UK’s adult population is exhibit one or more characteristics of being potentially vulnerable. Over the course of this module, we will consider how vulnerable clients and financial planners interact in a way that demonstrates the best interest for the client.
  • Sistema Financiero Europeo
    CPD 1.25 hours
    El módulo se desarrolla en base a la obtención de los conocimientos necesarios del funcionamiento del sistema financiero. En el programa se podrá ver los diferentes instrumentos de los que está dotado el sistema financiero así como las herramientas necesarias para su correcto funcionamiento.
  • Sovereign Wealth Funds
    CPD 1 hours
    A sovereign wealth fund (SWF) is a state-owned investment fund, managed by the government, investing in real and financial assets, such as stocks, bonds, real estate, precious metals, or in alternative investments, such as private equity fund or hedge funds. The objective of a SWF is to pursue macroeconomic goals. This module examines the definition and history of sovereign wealth funds, surveys some of the major funds globally, and considers transparency issues and current and emerging trends.
  • Speak Up
    CPD 0.75 hours
    Speaking up and raising concerns has risen to prominence as a result of some high-profile cases, which have highlighted instances of wrongdoing, poor behaviour and, in some instances, criminality within many firms and organisations. The purpose of this module is to help give individuals the knowledge, tips and tools they need to be able to speak up with confidence, and to share examples of best practice from the perspective of both employees and employers.
  • Stress in Working Life
    CPD 1.25 hours
    This module will look at the rising incidence of poor mental health in working life, its cost, and the economic case for intervention. It will review the current state and effectiveness of organisational intervention before concluding that stress, a major contributor to poor mental health in organisations, must ultimately be addressed individually. It will describe why stress arises and how it can be transcended.
  • Structured Investment Products
    CPD 0.75 hours
    Investors are frequently told that higher returns can only be achieved by taking greater risk. Therefore, one might assume that in order to benefit from the level of returns available from investment in equities, investors must be willing to put their capital at risk – in other words, to risk losing money. This module provides an overview of a type of investment which is sometimes presented as providing equity-type returns whilst still guaranteeing the investor’s capital, namely structured investment products (SIPs). It explains how SIPs are constructed, considers their main features, and also explains how SIPs modify, rather than remove, the risk to investor’s capital.
  • Structuring Wealth
    CPD 1.75 hours
    This module provides an understanding of the different types of personal taxes that apply in the UK and how they can be used together in a way that helps to preserve wealth, particularly for future generations.
  • Suitability of Client Investments
    CPD 1.50 hours
    The regulator has been focused on the suitability of investments for retail clients for many years. As a result, it is at the forefront of the senior management of all authorised firms and, subsequently, its advisers who recommend investment products to retail clients. This module provides an understanding of how to assess the suitability of an investment for a retail client, how to assess the client’s risk appetite and carry out risk profiling, along with methods of identifying suitable questions and answers in order to gather accurate client information. This module then combines these research methods to guide the adviser on how to select suitable investments for the retail client, as well as providing guidance on reports and record keeping.
  • Tanzania Capital Markets Regulation
    CPD 1.75 hours
    This module provides details of securities market regulation in Tanzania, including an overview of the capital markets, the Dar es Salaam Stock Exchange, conduct of business rules, public issues of securities, supervision and enforcement, and other CMSA regulations. Please note that the end-of-module test is to test your knowledge. In order meet the licensing requirement of the CMSA in Tanzania, you must sit the Tanzania Regulatory Assessment at the CMSA. Bookings can be made at customer.support@cisi.org or through the CMSA directly.
  • Taxation
    CPD 2.25 hours
    Most modern-day countries impose tax on the income of individuals and businesses. Rates of tax vary enormously on taxable income, with some jurisdictions providing certain allowances and reductions in the tax burden. This module examines investment tax planning, income tax, capital gains tax, inheritance tax, VAT, corporation tax, National Insurance contributions, UK tax compliance, stamp duty, stamp duty reserve tax, stamp duty land tax, residence and domicile, and confidentiality and disclosure.
  • Technology for Non-Technology Managers
    CPD 2 hours
    Information technology (IT) is always evolving, computing power is continually increasing and data storage has become fairly commoditised. The growing complexity of the technology landscape can be daunting, and poor choices can significantly hurt a business. It is critical for non-technology managers to have at least a basic understanding of important elements of IT, and to be able to cut through the clutter of complex terms and constantly changing products.
  • Técnicas de Venta en el Sector Financiero
    CPD 1.50 hours
    En nuestro quehacer cotidiano al proceso comercial lo denominamos negociación, definido como una interacción orientada a generar beneficios mutuos. El proceso comercial y las técnicas de comercialización o venta han variado sustancialmente a lo largo del tiempo, adaptándose a los cambios que hemos sufrido las personas, al cambio de nuestro perfil de percepción con la irrupción de las nuevas tecnologías y nuevos canales de comunicación y a la propia dinámica de la sociedad y, por consecuencia, de los mercados. En este módulo se realiza un completo repaso al proceso comercial en el asesoramiento financiero, desde la planificación de la actividad comercial, la prospección y contacto con clientes, la planificación y gestión de las entrevistas con clientes, la presentación de ofertas y las técnicas de cierre, terminando con unas breves pinceladas sobre la fidelización de clientes.
  • Trade Finance
    CPD 1.25 hours
    This module covers the basic concepts of trade finance, considering both domestic and international trade. It introduces candidates to the need for trade finance, the common products and services available to corporate clients and small businesses involved in domestic and international trade, and discusses risks and trends within the industry.
  • Training and Competence
    CPD 0.75 hours
    The FCA's Training and Competence (T&C) Sourcebook sets out requirements for firms intended to ensure that their employees are appropriately trained and competent when carrying on specific retail activities within the scope of the Sourcebook. This module explores these requirements for training and competence, as well as specific examination requirements and exemptions, training needs, supervision, and the maintenance of competence. This module focuses in particular on the arrangements which apply to retail investment advisers.
  • Training and Competence Supervision Essentials
    CPD 1 hours
    The term ‘supervision’ may refer to the process used by regulators to oversee the businesses and activities they regulate. In a more general sense, it refers to the activity of managing the people within those regulated businesses. This module is concerned solely with this more general meaning – the management and oversight of people working within a regulated environment. It will examine the expectations of training and competence supervision, the practical skills of guiding and coaching, how to develop and assess new staff (especially advisers) and techniques for resolving poor performance.
  • Transaction Reporting
    CPD 0.75 hours
    Transaction reporting is an essential tool for regulators, enabling them to meet some of their most important regulatory objectives. The FCA demands complete and accurate transaction reporting and it has demonstrated, through a series of high-profile fines, that it will not tolerate reporting failures. To comply with these requirements, firms must have a robust reporting framework, systems and controls.
  • Treating Customers Fairly
    CPD 1 hours
    Treating Customers Fairly (TCF) has been an important initiative of regulators for some time. It needs to be considered in all parts of a firm’s business and at all stages of a product’s life cycle. This module investigates the background, coverage and outcomes of the treating customers fairly concept and how it is enforced, the role of management information, and the life cycle of the product.
  • Trusts
    CPD 1.25 hours
    A trust is a way of transferring property for the benefit of other people without giving them full control over it. There are three main parties involved: settlors, who create the trust and provide the assets, trustees, who are the mutual holders and legal owners of the assets in the trust who have a duty to protect them, and beneficiaries, who are the persons that benefit from the trust. This module provides an understanding of the definition and history of trusts, the different types available, their benefits, the different jurisdictions, tax and regulations, and what goes into creating a trust.
  • UCISs & NMPIs
    CPD 0.75 hours
    Unregulated collective investment schemes (UCISs) are pooled investments or funds that are characterised by unusual, speculative or complex assets, product structures, investment strategies and/or terms or features. In 2014, new restrictions on the promotion of UCISs came into force, and a new wider definition of what constitutes a UCIS was introduced: non-mainstream pooled investments (NMPIs). This module sets out the background to the rules on the restrictions on the promotion of NMPIs, including the detail of the rules, the reasons why the UK regulator (the then Financial Services Authority (FSA) and its current successor, the Financial Conduct Authority (FCA)) considered them to be necessary and the impact that these rules have on UK FCA-authorised firms and their investment adviser employees.
  • UCITS
    CPD 0.75 hours
    UCITS stands for Undertakings for Collective Investments in Transferable Securities. The UCITS directives provide a single European regulatory framework for an investment fund which means it is possible to market the fund across the EU without requiring separate authorisation in each jurisdiction. This module provides an understanding of the original UCITS Directive, and will look ahead to subsequent changes and amendments that have occurred, as well as providing an overview of ongoing developments and emerging trends.
  • UK Bribery Act
    CPD 1 hours
    Bribery is the offer, promise, or acceptance of (or agreement to accept) some benefit or advantage from a person to persuade the recipient to act or make a decision to their advantage. This module provides an understanding of the background to the UK Bribery Act, its offences, penalties, as well as defences against charges of bribery, and how to identify when an offence has been committed.
  • UK Mini-Budget (Summer 2020)
    CPD 1 hours
    This module examines the key details and potential ramifications of Chancellor Rishi Sunak’s 'Plan for Jobs', the Summer Statement, or 'Mini-Budget', delivered on 8 July 2020. This included a package of policy decisions with a combined impact of £30 billion to further support the UK economy as it recovers from the COVID-19 pandemic.
  • UK Money Markets Code
    CPD 1 hours
    The UK Money Markets Code is one of the first industry codes to be recognised by the Financial Conduct Authority (FCA). It sets out the standards and best practice expected from participants in the deposit, repo and securities lending markets in the UK. The Code is endorsed by the Money Markets Committee (MMC), comprised of market participants from a wide range of banks, other financial and non-financial institutions, and chaired by representatives of the Bank of England (BoE). This module describes the application of the Code and who it applies to.
  • UK Regulatory Environment
    CPD 1.25 hours
    On 1 April 2013 a new regulatory structure was implemented in the UK following the financial crisis that started in 2007. The crisis was caused by the failure of financial institutions to manage themselves prudently, and of regulators to spot the risks that were building up across the system as a whole. This module provides an understanding of the current regulatory structure in the UK, the approach to regulation, the roles of the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), their relationship with other bodies, and key operational issues. It also covers the regulatory impact of the UK’s departure from the European Union (Brexit) and the effect of the new UK-EU Trade and Cooperation Agreement.
  • UK Regulatory Structure
    CPD 1 hours
    The Financial Services Act 2012 introduced a ‘twin peaks’ regulatory model which saw two newly created organisations – the FCA and the PRA – assume responsibility for the regulation of prudential and conduct operations. This approach also involves other bodies, each with their own specific responsibilities and objectives. This module examines the current (post-Brexit) UK regulatory structure, the principles of good regulation, and the role of the Treasury, the Bank of England, the FOS, and the FSCS.
  • VCTs & EISs
    CPD 1 hours
    A venture capital trust (VCT) is a company, similar to an investment trust, which invests in other small companies. An enterprise investment scheme (EIS) is an investment scheme which benefits from generous tax reliefs by investing in smaller (and hence typically higher risk) trading companies. The primary objective for both is to help small firms raise the funds they need, thus helping to provide capital for the ‘equity funding gap’. This module provides an introduction and background to VCTs and EISs, an understanding of what they are, portfolio management and future developments.
  • Vulnerable Clients
    CPD 1 hours
    Vulnerable customers may be significantly less able to represent their own interests, and more likely to suffer harm than the average consumer. The recent FCA final guidance (FG21/01) on fair treatment for vulnerable customers indicated that 50% of the UK’s adult population is exhibit one or more characteristics of being potentially vulnerable. Over the course of this module, we will consider how vulnerable clients and financial planners interact in a way that demonstrates the best interest for the client.
  • Zambia Regulatory Assessment
    CPD 2.25 hours
    Zambia Regulatory Assessment
  • الخدمات المصرفية الإِسْلَامِيَّة
    CPD 1.25 hours
    يَتَأَلَّفُ النِّظَامُ المَالِيُّ الإِسْلَامِيُّ مِنْ أَسْوَاقِ رَأْسِ المَالِ والمَصَارِفِ وَشَرِكَاتِ التَّأْمِيْنِ والجِهَاتِ الواضِعة للقوانين التنظيمية. ويعَدُّ تحقيق الرِّبح المَالِي على أساس المَالِ فقَط – مِثل الرِّبا- مُحَرّماً فِي ظِلِّ الشَّرِيْعَةِ الإِسْلَامِيَّةِ، ويجِب جمع الثَّرْوَةُ عَن طَرِيْقِ التِّجَارَةِ أَوِ الاسْتِثْمَارِ. وتَقُوْمُ المُعَامَلَاتُ المَالِيَّةُ عَلَى مُشَارَكَةِ المَخَاطِرِ وَالمَكَاسِبِ بَيْنَ المُمَوِّلِ (المُسْتَثْمِر) ومُسْتَخْدِمِ الأَمْوَالِ (مُتَعَهِّدِ الأَعْمَالِ). تُزوّدُنا هذه المادِّة التّعليميِّة بفِكْرَةً عامَّة عَنْ تَارِيْخِ التَّمْوِيْلِ الإِسْلَامِيِّ وتركيبتهِ ومَبَادِئِهِ وإِدَارَةِ أُصُولِهِ ومُنْتَجَاتِهِ.
  • المُشتَقَّات المَاليَّة
    CPD 1 hours
    المشتقّ الماليّ ببساطة "عقدٌ بين طرفين أو أكثر، بحيث يتوقّف سعر المشتقّ على الأصل الذي اشتُقَّ منه، وقد يكون هذا الأصلُ سهماً أو سنداً أو عملةً أو معدّلَ فائدة أو مؤشرات الأسهم." وتُصمَّم المُشتقّات المَاليّة بهدف تقليصِ (أو التحوّط ضدّ) المَخَاطِرِ الناتجة عن الأسعار غير المؤكَّدة، وقد تُستَخدَم محضاً بوصفها وسيلةً لتحقيق الأرباحِ. وسوف نستعرض في السطور القليلة القادمة شرحاً لتَعرِيف المُشتقّاتِ المالِيّةِ والغرضِ مِنها، قبل أن ننتقل إلى الحديث عن تداول الأُصُولِ مَحلَّ التَّعاقدِ إلى جانب المتطلبات التنظِيميَّةِ المتعلِّقة بها وتطوّراتها.