PROD: The new FCA rulebook
In this IIL financial services lecture Rory Percival gave delegates a better understanding of what the new PROD rulebook is about, why it is important and a suggested approach to meeting their obligations.
PROD is a new FCA rulebook that was introduced as part of MiFID II. it has received very little coverage and few people appear to have heard of it. In this session, Rory will explain what it is, why it is important and what advisory firms needs to do in order to meet the new requirements.
By the end of this lecture members would have gained an insight into:
- Understanding the new FCA Rules and their importance
- Understanding what steps to take to meet the Rules
- Consider good practice
Rory Percival was ‘the face of the FCA’ to advisory firms for many years. He worked at the regulator for 10 years and was involved with many high profile projects such as risk profiling, centralised investment propositions, the RDR, research and due diligence, and the assessing suitability review as well as speaking regularly at conferences. Prior to joining the regulator Rory worked in the advisory for sector for 20 years mainly in compliance and training roles. He has Chartered Financial Planner status. In November 2016 he launched his own firm – Rory Percival Training and Consultancy Ltd to help support professionalism in the advisory sector. He is also a member of the Personal Finance Society Board.
Robert F Parker Dip PFS, Certs CII (MP&ER), Independent Financial Adviser & Principal, Robert F Parker Financial Financial Services, Chair for the City of London & London Region, PFS.
Registration & Security
IIL lectures are open to CII and PFS members
CII and PFS members must register online by 10.30am on the day of the lecture
For lectures held in The Old Library, Lloyd's pass holders may also attend and do not need to register
All attendees (at any venue) must produce photo ID - either a Lloyd's pass, driving licence with photo or valid passport
- Email confirmations and photo ID must be produced to security staff at the lecture venue
- Attendance confirmations are non-transferable to any other person or lecture
- All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission
Please let us know what we can do to make our events fully accessible to you.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.