November 1st SII Open Day
Thank you to eveyone who joined us at London Chamber of Commerce for the SII Open Day. Many of you attended the keynote speeches from:
Matt Lucas, Regulatory Strategy Department, FSA
Sam Rees-Adams, Direction of Education, FSSC
Christopher Bond, SII Senior Advisor
Nicholas Child, Head of EMEA Markets Compliance, Citigroup
We also held popular briefing sessions on MiFID by Alan Burr, Burr and Company and Changes to the T&C Regime by Margaret Spong, Head of Qualifications Development, SII.
FYI: please find attached a copy of the presentations made by Alan Burr, Christopher Bond and Margaret Spong.
Alan Burr
Christopher Bond
Margaret Spong
Guide to the new T&C rules
This guide accompanies the article Brave new world in the November 2007 issue of the S&I Review. Significant changes in FSA's T&C regime means firms will need to revisit their own T&C policies. The guide is presented in the form of four checklists: wholesale and retail, new staff and continuing employee. The guide is targeted at HR, Training, Compliance staff and senior managers in smaller firms.
Wholesale Staff Recruitment
Wholesale Staff Employee
Retail Staff Recruitment
Retail Staff Employee
Setting the scene on MiFID
To set the scene regarding the changes that result from the implementation of MiFID, the SII has brought together the following series of presentations and briefings:
- a PowerPoint presentation 'Preparing for November 2007' which summarises changes to the FSA T & C Sourcebook and in the SII qualifications;
- extracts from the SII Journal regarding MiFID:
March 2006 Supplement
April 2007 Supplement
July 2007 SII Journal
September SII Journal
- a series of PowerPoint presentations for firms to use in their own in-house training on MiFID:
MiFID General Awareness Training
MiFID for Senior Management
MiFID for Investment Managers, Client Relations and Brokers Staff
MiFID for Trading Staff
MiFID for Operations Staff
Changes to SII examinations
This page is to inform you of important changes that will take place in the SII’s examinations from November 2007. These are the most important changes for a number of years and have been driven by a number of factors:
• the consequences of MiFID;
• revisions to the FSA’s T & C Sourcebook
• the introduction of the Financial Services Skills Council’s exam standards and its new Appropriate Examination list.
FAQs on exams
• Preparing for November 2007: qualifications June update document.
• Preparing for November 2007: qualifications July update document.
• Preparing for November 2007: qualifications August update document
• Preparing for November 2007: transitional arrangements
Summary of syllabus changes: Securities
Summary of syllabus changes: Derivatives
Summary of syllabus changes: Financial Derivatives Module
Syllabuses
Candidates working in wholesale firms who are advising institutional/professional clients take a regulatory unit and a technical unit; candidates advising retail clients who qualify after the 19th November 2007, will additionally take the Investment and Risk unit.
Regulatory units
FSA Financial Regulation
FSAFinancial Regulation Syllabus - valid from 1 November 2007
Unit 6 Principles of Financial Regulation
NEW Unit 6 - Principles of Financial Regulation Syllabus - valid from 1 November 2007
Technical units
Unit 2 Securities
NEW Unit 2 - Securities Syllabus - valid from 19 November 2007
Unit 3 Derivatives
NEW Unit 3 - Derivatives Syllabus - valid from 19 November 2007
Unit 4 Securities and Financial Derivatives
NEW Unit 4 - Securities and Financial Derivatives Syllabus - valid from 19 November 2007
Financial Derivatives Module
NEW Financial Derivatives Module - valid from 19 November 2007
Investment and Risk
NEW Investment and Risk - effective from 12 November 2007
Schedule of SII examination dates
FULL SITE MAP (recommended for users with special accessibility requirements)
|
