Governance
Completion requirements
By the end of this lesson, learners will be able to:
- Understand the principles of governance in an FCA-regulated firm.
- Identify key responsibilities of a Head of Compliance in governance structures.
- Implement governance best practices to ensure regulatory compliance and operational integrity.
Introduction to Governance in FCA-Regulated Firms
Governance refers to the framework of rules, relationships, systems, and processes within which firms operate to meet their objectives, ensure compliance, and maintain market integrity. In an FCA-regulated firm, effective governance ensures that firms act in the best interests of consumers and the wider financial system.