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Ethical Standards in Finance and Investment

The FCA's ethical standards apply to individuals in finance and investment. These standards cover a professional's responsibilities to their firm and their clients.

In financial services, a firm's most valuable asset is its reputation. Compliance with standards concerning inside information, money laundering, conflicts of interest, fiduciary duties, etc., helps maintain this.

Our Ethical Standards in Finance and Investment Course explains the fundamental responsibilities of professionals working in financial services.
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  • 40 Minutes
  • All staff
  • Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.

Learning objectives

  • Know your fundamental responsibilities: honesty and integrity, avoiding plagiarising, avoiding the use of inside information
  • Know your responsibilities to the Firm: disclosure of conflicts, responsibilities of supervisors, observing policies regarding personal account dealing, email and Internet access, not misrepresenting yourself or the Firm
  • Know your responsibilities to your clients: independence and objectivity, properly preparing research reports, fulfilling fiduciary duties, fair dealing and preserving confidentiality

    What can you expect your employees to learn?

Welcome

Statement of ethical conduct

  • Exercise: Statement of ethical conduct

Inside information

  • Exercise: Inside information
  • Sunita
  • Trading shares

Money laundering

  • Exercise: Money laundering

Plagiarism

  • Exercise: Plagiarism

Bribery & corruption

Registration

Conflicts of interest

  • Exercise: Outside employment
  • Exercise: Gifts & entertainment
  • Exercise: Disclosure of conflicts

Responsibilities of supervisors

  • Exercise: Responsibilities of supervisors

Email access

Internet access

Prohibition against misrepresentation

  • Exercise: Prohibition against misrepresentation

Independence & objectivity

  • Exercise: Independence & objectivity

Preparation of research reports

  • Exercise: Fiduciary duties

Fiduciary duties

Investment recommendations & actions

Priority of transactions

  • Exercise: Priority of transactions

Fair dealing

  • Exercise: Fair dealing

Confidentiality

  • Exercise: Confidentiality

Summary

Affirmation

Assessment

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Your questions, answered

Financial Crime

Common FAQs

How can I log and track incidents of financial crime in my organisation?

Our Compliance Breach Register allows you to securely log and monitor incidents of financial crime, such as bribery or money laundering. The tool enables you to track resolution progress and maintain a clear audit trail, ensuring accountability and compliance with regulatory requirements.

How can I ensure my employees understand and comply with our internal policies in relation to financial crime?

Our Policy Hub enables you to distribute policies such as your Anti-Money Laundering (AML) policy to employees, track acknowledgements, and send automated reminders. This ensures everyone understands their obligations and helps you maintain compliance with financial crime regulations.
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Are the courses SCORM-compliant?

Yes. This means they can be delivered via the Skillcast Portal or any other SCORM-compliant Learning Management System.

What other tools are needed beyond training?

A comprehensive compliance solution often needs more than just training. Alongside e-learning, tools like declarations, surveys, and registers that track compliance tasks are usually essential. Skillcast provides full support to help you set up these additional tools.

Can users only view the courses assigned to them?

Yes. Users can view all the courses in the portal that have been assigned to them as either mandatory or optional. Courses that are mandatory will have a deadline shown.

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