3.3: FCA: OBJECTIVES AND HIGH-LEVEL STANDARDS

Question 1

What is Block 1 of the FCA Handbook? (2)

Answer 1

High Level Standards - expected standards from an authorised person. (Code of conducts, principles, senior management)

Question 2

What is Block 3 of the FCA Handbook? (2)

Answer 2

Business Standards - Day to day requirements (Market conduct, client assets, product intervention)

Question 3

What is Block 4 of the FCA Handbook? (2)

Answer 3

Regulatory Processes - Operation of the regulators supervisory ( supervision)

Question 4

What is Block 5 of the FCA Handbook? (2)

Answer 4

Redress - handling complaints and compensation

Question 5

What is Block 6 of the FCA Handbook? (2)

Answer 5

Specialist Sourcebook - provides material for collective investment schemes

Question 6

What is Block 7 of the FCA Handbook? (2)

Answer 6

Listing, prospectus and disclosure - requirements for issuers for official list of UK listing authority