A 45-minute, CPD-assessed induction for anyone joining a UK regulated firm. Not what the rules say, but where they now work and what that means: who the regulator is, what the firm is permitted to do, where the rules live, and what supervision feels like from the inside. Scheduled, chased and certified for you.
Written for fund managers, MIFIDPRU investment firms and advisory firms, with every example drawn from that world.
What the FCA is and what it is for, its secondary objective on competitiveness and growth, where the PRA comes in for dual-regulated firms, and what the Financial Services and Markets Act actually does.
The firm's permission and why it decides what the firm may actually do, the threshold conditions, appointed representatives and what a principal has to do, and where to find the firm's permissions. Includes a filmed scenario.
How it is organised, why rules and guidance are not the same thing, two things that catch people out, what sits outside the Handbook, and how to find a provision in four steps.
What the Principles for Businesses require, the Consumer Duty as the higher standard where there are retail customers, and why “but we have no retail customers” is not always the end of it.
How the FCA supervises, its sector Regulatory Priorities reports, skilled person reviews, and what to do when the FCA asks the firm a question. Includes a filmed scenario.
What the FCA can do to a firm and to an individual, how a case actually runs, and your own place in the regime, with pointers to the Conduct Rules and SMCR courses.
Why it applies to every authorised firm's communications, including firms with no labelled funds, and what that means for a factsheet or a due diligence questionnaire.
What to take away, four things worth doing this month and where to go next, followed by the test and the certificate.
Every provision in the FCA Handbook carries a letter, and the letter decides whether it binds you. The course teaches how to find a provision in four steps, and how to read it once you have.
A rule. Binding.
Guidance. Not binding in itself, but it tells you how the FCA reads the rule.
An evidential provision. Tends to show compliance or a breach of a rule, without being a rule itself.
No question anywhere turns on a rule number or a section number. The course teaches the habits that matter in the first months. By the end, a learner can:
Two short films, shot for Fundsure with the same cast across the catalogue. In one, an investor asks whether the firm could run something for them that it does not do today. In the other, a colleague answering a request from the FCA finds an earlier error he was not looking for. After each, the learner chooses what to do, and is told why the tempting answers are wrong: saying yes in principle because the people and process are the same, or answering only the question asked and raising the old error later, which is accurate and still not open with the regulator.
The test at the end draws 10 questions from a bank of 30, with a pass mark of 80%, and a pass issues a named, CPD-marked certificate that anyone can check online.
Checked against the FCA, the Bank of England and the Handbook. Last checked Sept 2026.
Nine sector reports replaced the FCA's portfolio letters. The wholesale buy side and wholesale markets reports were published 19-Mar-26, and firms are expected to read the one for their sector.
CP26/23, published 29-Jun-26, consults on the Duty's scope, including non-UK business and distribution chains. Nothing has changed yet, so the course teaches the Duty as it stands.
Since 2023 the FCA has had a secondary objective on the UK's international competitiveness and growth. The course explains where it bites and where it does not.
The rule applies to every authorised firm's communications about its products and services, not only firms with sustainability-labelled funds.
Fund managers, MIFIDPRU investment firms and advisory firms. No branch counters and no current accounts.
It points to the Conduct Rules and SMCR courses rather than re-teaching them, so a new joiner's first week is not three courses on the same thing.
Every firm must keep its staff competent for their roles, and the Conduct Rules apply from the day somebody takes the role, not from the day they finish a course. An induction that tells a new joiner where they now work is the base everything else is built on.
In the Fundsure Portal a new joiner is given the courses the firm runs, chased before each deadline, and every sitting, score and certificate goes on their record and into the compliance officer’s report to the board.
How the portal runs trainingThe Regulatory Regime plus Conduct Rules, AML and CTF, SMCR and the rest of the catalogue of 20, with no per-course fees.
The individual and senior manager rules that apply to nearly everyone.
See the courseThe annual anti-money laundering course every new joiner needs.
See the courseWho is answerable for what, certification, and fitness and propriety.
See the courseClear, fair and not misleading, and who may approve a promotion.
See the courseWe will send you a link to take the whole course, filmed scenarios and test included, or walk you through the portal with a demonstration firm.
