Preparing for a GFSC visit

Course Summary

Most firms will receive a regulatory inspection visit at some time. The GFSC’s approach to supervision has changed and although visits are not as frequent, they are more targeted. They have settled on the thematic review as an efficient means of meeting their legislative supervisory obligations and for getting messages across to firms.

Firms cannot ignore the need to review or they run the risk of severe regulatory sanction at some point in the future. You’d be wise therefore to proactively plan for such an eventuality – but how can you do this?

In preparing for a visit, companies should be aware of what documentation needs to be submitted prior to a visit, the process of a visit, and the likely outcomes.

This course is aimed at compliance officers, MLROs or directors who are either expecting a visit or who want to ensure that they would be prepared should they be visited.

Topics

The course will look at the documentation you need to submit prior to a visit, run through the conduct of a visit and what the outcomes of a visit might include.

Course Benefits

Delegates will be prepared for the process of a GFSC visit and all that it entails.

Tutor Profile

Jo Carré has fifteen years’ experience of working in the finance sector in Guernsey, including eight years at the Guernsey Financial Services Commission, where she worked in the Fiduciary Division. As part of her role at the GFSC Jo completed numerous onsite inspection visits of local fiduciaries. Over the years Jo has held approved positions, including director of an investment licensee, and MLRO and compliance officer of both investment and fiduciary licensed entities. Jo holds a law degree and has obtained the International Compliance Association Diploma in Compliance.

Jo has recently co-founded Centillion Consulting Ltd providing advice directly to businesses in respect of compliance with local legislation, undertaking reviews of governance and risk frameworks, delivering regulatory focused projects, and drafting manuals and procedures.

Course at a Glance

  • Next Start Dates: New dates TBA
  • CPD Points: 3
  • Course Cost: £195.00
  • Course Length: Half day (09:00 - 12:00)

There are no dates currently available for this course, If you would like to register your interest please complete the form below:

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