Capital Markets Regulatory Compliance Training Course

Participants can identify control points and regulatory obligations throughout a securities and derivatives trade lifecycle.

• Equities, bonds, funds, derivatives and structured product characteristics
• Order lifecycle from client instruction through execution, settlement and reporting
• Principal, agency and matched-principal trading models compared
• Electronic trading workflows, algorithmic orders and direct market access
• Clearing, settlement and custody responsibilities across market participants
• Control points identified at each lifecycle handoff and exception

Participants can convert regulatory requirements into a documented obligations-to-controls map for a business activity.

• Obligations mapping links legal requirements to business processes
• Requirement statements separated from policy language and control activities
• RACI assignments establish accountable owners, performers and reviewers
• Control objectives define intended compliance outcomes and failure consequences
• Evidence sources specified for preventive and detective control testing
• Regulatory change impacts assessed against existing obligations maps

Participants can prepare a risk-based compliance assessment and select proportionate controls.

• Inherent risk scored using impact, likelihood and velocity criteria
• Risk and control self-assessment documents key conduct exposures
• Preventive, detective and corrective controls distinguished by purpose
• Control frequency, population, threshold and evidence requirements defined
• Residual risk evaluated after control design and operating evidence
• Key risk indicators set escalation thresholds for emerging conduct issues

Participants can establish governance and monitoring arrangements that provide credible oversight of capital-markets conduct.

• Compliance committee charters define decisions, attendance and reporting cadence
• Policy hierarchies distinguish standards, procedures, desk instructions and guidance
• Annual compliance monitoring plans prioritise high-risk regulatory obligations
• Thematic reviews test control design, execution and evidence quality
• Management information combines breaches, alerts, trends and remediation status
• Issue escalation routes separate routine exceptions from material incidents

Participants can identify market-abuse risks and apply controls for lawful information handling and trading conduct.

• Market Abuse Regulation prohibitions covering insider dealing and unlawful disclosure
• Inside information assessed for precision, non-public status and price sensitivity
• Insider lists maintained with access records and acknowledgement controls
• Market sounding procedures document consent, information and recipient restrictions
• Personal account dealing controls address pre-clearance, holding periods and reporting
• Wall-crossing protocols separate restricted information from ordinary market intelligence

Participants can assess manipulation indicators and structure surveillance review procedures for trading activity.

• Manipulation typologies include spoofing, layering, marking close and wash trades
• Surveillance scenarios define data fields, thresholds and alert logic
• Alert triage records rationale, evidence reviewed and disposition decisions
• Order-book reconstruction tests suspected misleading supply and demand signals
• Cross-market surveillance links cash, derivatives and related issuer activity
• False-positive analysis recalibrates scenarios without weakening detection coverage

Participants can identify, disclose, manage and evidence controls over conflicts of interest.

• Conflicts inventory captures client, firm, employee and issuer interests
• Information barriers restrict confidential information flows between business areas
• Chinese wall procedures govern access, crossings and restricted-list updates
• Research independence controls separate analyst views from investment-banking influence
• Gifts, entertainment and inducements registers support conduct monitoring
• Disclosure assessed when organisational controls cannot adequately manage conflicts

Participants can apply client-protection classifications and assess transaction suitability requirements.

• Retail, professional and eligible-counterparty classifications determine protection levels
• Client onboarding captures objectives, knowledge, experience and loss capacity
• Suitability assessments connect product features to documented client needs
• Appropriateness tests assess knowledge and experience for non-advised services
• Complex product warnings record client acknowledgement and transaction rationale
• Periodic suitability reviews address changing circumstances and product performance

Participants can design product-governance controls from product approval through post-sale review.

• Target-market methodology defines client needs, objectives and risk tolerance
• Product approval committees challenge value, complexity, risks and distribution
• Manufacturer and distributor responsibilities documented through information exchange
• Negative target markets identify clients for whom products are unsuitable
• Product reviews use complaints, sales data and client-outcome indicators
• Distribution controls restrict sales outside approved client segments

Participants can assess best-execution arrangements and order-handling controls against client outcomes.

• Best-execution factors include price, costs, speed, likelihood and size
• Execution policies identify venues, brokers and order-routing arrangements
• Order aggregation and allocation procedures protect equitable client treatment
• Venue analysis compares execution quality using transaction cost analysis
• Limit-order handling records prompt transmission or publication decisions
• Execution-quality reviews challenge exceptions, outliers and broker performance

Participants can review client communications and research controls for fairness, balance and evidential support.

• Fair, clear and not misleading communication standards applied
• Financial promotion approvals evidence target audience and risk disclosures
• Performance presentations apply consistent periods, benchmarks and calculation methods
• Research reports separate facts, opinions, assumptions and analyst disclosures
• Electronic communications retention supports supervision and investigation requirements
• Social-media controls address approval, archiving and employee personal accounts

Participants can establish controls for accurate, complete and timely transaction reporting.

• MiFID II transaction reports capture required transaction data fields
• EMIR reporting identifies counterparties, derivatives and lifecycle events
• Unique transaction identifiers support reconciliation between reporting parties
• Reportable event matrices distinguish executions, amendments, terminations and corrections
• Reconciliations compare front-office, operations and trade-repository records
• Error correction procedures document root cause, resubmission and regulator notification

Participants can define records, custody controls and resilience evidence required for regulated activities.

• Retention schedules align records with regulatory periods and legal holds
• Voice recording controls cover capture, retrieval, quality and access
• Client asset reconciliations distinguish firm money from segregated client holdings
• Custody records evidence beneficial ownership, movements and safekeeping arrangements
• Operational resilience mapping identifies important business services and dependencies
• Outsourcing registers document critical providers, oversight and exit planning

Participants can assess financial-crime controls relevant to capital-markets clients, transactions and intermediaries.

• FATF risk-based approach informs customer due diligence intensity
• Beneficial ownership verification addresses complex legal entity structures
• Sanctions screening covers clients, issuers, counterparties and payment parties
• Source-of-wealth analysis supports higher-risk client onboarding decisions
• Suspicious activity escalation records facts, rationale and confidentiality restrictions
• Anti-bribery controls address introducers, placement agents and public officials

Participants can investigate potential breaches and prepare accurate internal and external regulatory notifications.

• Investigation scoping defines allegation, period, population and evidence sources
• Case chronologies establish sequenced facts, decisions and control failures
• Interview plans distinguish witnesses, subjects, counsel and confidentiality needs
• Evidence logs preserve provenance, access history and document versions
• Breach assessments evaluate client harm, market impact and notification triggers
• Regulatory notifications separate verified facts, provisional findings and remediation commitments

Participants can operate a defensible alert-review and case-management process for conduct surveillance.

• Alert taxonomy categorises market abuse, conduct and financial-crime signals
• Risk-based triage prioritises alerts using severity, credibility and exposure
• Case-management workflows assign reviewers, deadlines, approvals and closure codes
• Escalation matrices define legal, compliance and management notification thresholds
• Quality assurance sampling tests consistency of investigator dispositions
• Management dashboards report ageing, repeat alerts and thematic control weaknesses

Participants can plan control testing and prepare evidence for compliance reviews, audit and regulator inspection.

• Test plans define control objective, population, sample and pass criteria
• Walkthroughs trace transactions from initiation through reporting and retention
• Design effectiveness testing assesses whether controls address stated risks
• Operating effectiveness testing examines timely execution and retained evidence
• Findings rated by regulatory impact, root cause and recurrence risk
• Inspection packs organise policies, logs, testing records and governance minutes

Participants can manage remediation programmes and report conduct risk to accountable senior management.

• Root-cause analysis separates people, process, technology and governance failures
• Remediation plans specify actions, owners, dates, dependencies and success measures
• Issue validation confirms corrective actions operate before formal closure
• Conduct-risk appetite statements define unacceptable behaviours and escalation triggers
• Training attestations evidence role-specific policy awareness and accountability
• Board reporting highlights material exposures, trends, decisions and overdue actions

Participants can build, review and present a complete market-conduct compliance operating plan for a selected capital-markets activity.

• Business profile defines products, clients, channels and relevant permissions
• Obligations map connects requirements with policies, controls and accountable owners
• Risk assessment prioritises market conduct, reporting and financial-crime exposures
• Surveillance design specifies scenarios, triage criteria and investigation records
• Monitoring plan sets testing scope, management information and escalation routes
• Remediation roadmap presents milestones, dependencies, evidence and executive decisions