Gifts and Inducements
COURSE OVERVIEW
What are gifts and inducements and why is it important to manage them?
An inducement is a benefit offered to a firm, or any person acting on its behalf, with a view to that firm, or that person, adopting a particular course of action. Conflicts of interest can arise from gifts and inducements where decisions and actions are (or could be) affected by personal self-interest at the expense of the needs of your firm or its clients. This impartiality may be driven by factors both inside and outside your place of work.
Conflicts of interest are high on the Financial Conduct Authorityās agenda. If gifts and inducements are overlooked, they may cause detriment to a number of stakeholders. The consequences of failing to comply with gifts and inducements regulations is demonstrated by the fines given to firms and individuals by the FCA. In 2022 these amounted to over Ā£9 million.
This course has been designed to help people understand gifts and inducements using real-life case studies and hypothetical examples. Learners will be assessed on their knowledge and understanding through a test at the end of the course.
Adjustments can be made to suit the needs of your company ā please contact us for more information.
Course Duration
This course should take around an hour to complete. Learners can bookmark their progress before exiting the course and resume from that point.
Continuous Professional Development
This course is CPD Certified and counts as 1 hour towards a learnerās annual CPD total
COURSE PARTS
This course is split into 4 parts:
COURSE FEATURES
What You Say
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