Financial Crime World

Here is the rewritten article in markdown format: Marshalls Launches 20 New Compliance Training Courses for Financial Professionals in Marshall Islands

July 19, 2023 - Marshall Elearning, part of Ciphr Group, has announced the launch of 20 new training courses for FCA-regulated banks, insurers, and other financial services providers to ensure their employees are up-to-date with the latest legislative changes and regulatory requirements.

New Course Focuses on Financial Conduct Authority’s (FCA) Consumer Duty Rules

The first course to debut this summer focuses on the FCA’s new Consumer Duty rules, which come into effect on July 31. The course provides a timely introduction to the new duty, including how it applies and how it can be implemented so that companies meet their obligations to put consumers’ needs first and deliver fair value.

Importance of Compliance Training for Financial Professionals

According to a recent survey by the FCA, most financial services firms say they are on track to successfully implement these new consumer regulations. However, ensuring all employees, especially those in frontline roles and customer-facing positions, have been trained in the intricacies of the new Consumer Duty requirements is critical.

David Marshall, Managing Director of Marshall E-Learning, emphasized the importance of compliance training for financial professionals:

“Our new courses are designed to equip financial professionals with the knowledge and skills they need to stay ahead of regulatory changes and maintain customer trust.”

Webinar on Creating Effective FCA Training Programs

The launch coincides with a webinar on creating effective FCA training programs, which will explore recent regulatory changes in the sector, including the Consumer Duty and SM&CR consultation. The session will also provide practical tips on structuring learning programs for different job roles and seniority levels.

Seamless Integration with Learning Management Systems

Marshalls’ extensive library of modules and content packs integrates seamlessly with learning management systems such as Ciphr LMS, making it easy to access and track compliance training. With over two million people trained to date, including employees at Prudential Group, Bank of England, and many universities across the UK and Ireland, Marshalls is a leading provider of off-the-shelf eLearning content.

For More Information

For more information or to register for the webinar, please visit www.ciphr.com/videonews/create-effective-fca-training-programmes.

New Training Courses

  • 20 new training courses launched by Marshall Elearning
  • Focuses on FCA-regulated banks, insurers, and other financial services providers
  • Ensures employees are up-to-date with latest legislative changes and regulatory requirements

Consumer Duty Rules

  • New rules come into effect on July 31
  • Provides a timely introduction to the new duty
  • Covers how it applies and how it can be implemented

Webinar

  • Creating effective FCA training programs
  • Exploring recent regulatory changes in the sector
  • Providing practical tips on structuring learning programs for different job roles and seniority levels