Senior Management Arrangements Systems & Controls (SYSC)

The Senior Management Arrangements Systems and Controls (SYSC) Sourcebook apply to authorised financial services firms. It ensures the allocation of responsibility in a way that helps leaders monitor and control a business.

The purpose of SYSC rules is to encourage directors and managers to take practical responsibility, employ adequate risk management systems, and create a common standard for systems and controls.

Our Senior Management Arrangements Systems and Controls Course explains the responsibilities of senior managers as contained in the FCA Handbook.

About this Course

Available as part of our FCA Compliance Library.

Learning Objectives

This course will prepare your employees to:

Recognise the purpose of Senior Management Arrangements, Systems and Controls
Identify how responsibilities are apportioned and recorded
Know the necessary systems and controls
Recognise the critical areas of systems and controls
Explain how the Public Interest Disclosure Act protects whistleblowers

Course outline

Welcome

What are Senior Management Arrangements Systems & Controls?

Purpose of Senior Management Arrangements, Systems & Controls

Appointment of responsibilities

- Exercise: Apportionment of responsibilities

Recording the apportionment

Systems & controls

Critical areas of systems & controls

- Outsourcing
- Exercise: Key areas of systems & controls

Exercise: Systems & controls

- Scenario 2
- Scenario 3
- Scenario 4
- Scenario 5
- Scenario 6

Public Interest Disclosure Act: Whistleblowing

- Managers' responsibility

Summary

Affirmation

Assessment

Sample Course Pages

Course Specifications

Structure

Approximately 25-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Test-Out

Ability to offer optional test-out, whereby users can choose to skip the course content and complete the learning assignment simply bypassing the assessment.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.

Tailoring

Fully customisable on Skillcast Portal CMS.

Translation

Pre-translated versions not available, but all text content can be exported for translation into all languages.

Localisation

Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.