CII R01 CHAPTER 5
High level standards - ANSWERS-Standards applying to all firms and
approved persons.
Prudential Standards - ANSWERS-The prudential requirements for
firms.
Firm being financially sound
general rule requirement that they are able to meet their financial
obligations as and when they fall due.
Regulated firms are subject to financial resources requirements and
must maintain enough resources to cover the risks that result from
the way in which they conduct their business.
Business Standards - ANSWERS-Detailed requirements relating to
firms' day to day
activities.
COBS - conduct of business
ICOBS - insurance
MCOBS -mortage
BCOBS- banks
regulatory processes - ANSWERS-How the FCA authorisation,
supervision and disciplinary functions operate.
, Redress - ANSWERS-Processes for handling complaints and
compensation.
Specialist Sourcebooks - ANSWERS-Requirements applying for
individual business sectors.
Listing, Prospectus & Disclosure - ANSWERS-UK Listing Authority
rules.
Handbook Guides - ANSWERS-Guides designed to point firms in the
direction of
material in the Handbook applicable to them
Regulatory Guides - ANSWERS-Guides to regulatory topics.
Principles for business - ANSWERS-Integrity
Skill , care due diligence
management and control
financial prudence
market conduct
act in customers interests
clear fair, not misleading communication
avoid and manage conflicts of interest
High level standards - ANSWERS-Standards applying to all firms and
approved persons.
Prudential Standards - ANSWERS-The prudential requirements for
firms.
Firm being financially sound
general rule requirement that they are able to meet their financial
obligations as and when they fall due.
Regulated firms are subject to financial resources requirements and
must maintain enough resources to cover the risks that result from
the way in which they conduct their business.
Business Standards - ANSWERS-Detailed requirements relating to
firms' day to day
activities.
COBS - conduct of business
ICOBS - insurance
MCOBS -mortage
BCOBS- banks
regulatory processes - ANSWERS-How the FCA authorisation,
supervision and disciplinary functions operate.
, Redress - ANSWERS-Processes for handling complaints and
compensation.
Specialist Sourcebooks - ANSWERS-Requirements applying for
individual business sectors.
Listing, Prospectus & Disclosure - ANSWERS-UK Listing Authority
rules.
Handbook Guides - ANSWERS-Guides designed to point firms in the
direction of
material in the Handbook applicable to them
Regulatory Guides - ANSWERS-Guides to regulatory topics.
Principles for business - ANSWERS-Integrity
Skill , care due diligence
management and control
financial prudence
market conduct
act in customers interests
clear fair, not misleading communication
avoid and manage conflicts of interest
