The FCA’s Consumer Duty has added a further layer of complexity and risk to PIMFA member firms seeking to ensure that their products and services are centred around clients' identified needs and benefits. Now, firms have to meet the requirements laid out in PROD and MiFID II, as well as an increasingly stringent supervisory approach to product governance under the Consumer Duty. 'Bring your colleague along for FREE to this session' In this live, tutor-led online session, compliance and regulatory expert Daiman Baker unpacks how PIMFA member firms can “act to improve product governance and deliver good outcomes for retail customers” by: • Identifying and remediating shortfalls in their approach to product governance in the context of the Consumer Duty • Establishing a robust ongoing monitoring and periodic product review • Embedding product governance controls across the entire business • Improving their approach to product risk identification and testing By the end of the session, you will be able to: • Provide added confidence to the business that your firm has in place effective risk assessment and mitigation strategies in the product lifecycle • Demonstrate to the FCA that your firm has a robust approach product approval process. • Assure the Consumer Duty champion and Senior Managers that your firm continues to deliver fair value and outcomes for clients - including those with characteristics of vulnerability. • Benchmark against your peers how effective your firm is in identifying consumer harms. Approach to learning Through real-world case studies and interactive activities, learners will enhance their ability to maintain robust product governance frameworks that prioritise client interests and compliance. Who should attend • Senior managers and Consumer Duty champions who want to ensure that their firm is considering the needs of their clients at every stage of the product or service lifecycle • Internal Audit focused on assuring senior managers, the Consumer Duty champion and board members that the firm is meeting its product governance obligations • Compliance and Risk Officers who seek to manage better the risks associated with product governance • Product Managers who want to improve existing product governance processes • Participants in a Product Governance Committee (Investment Professionals, Distribution, Marketing, Operations, Finance, Legal or Tax) Bring a colleague along for free! Please use Coupon  below at checkout for 50% OFF two tickets BOGOF-PRODGOV2024