About the Course
This training course on Product Governance is designed to equip financial services firms with the essential knowledge and skills needed to effectively manage and govern their product offerings. Participants will gain a deep understanding of regulatory requirements, risk assessment, and best practices in product development and oversight.
Under the Consumer Duty ensuring the integrity and suitability of products is paramount. This course provides a holistic view of Product Governance, covering regulatory frameworks, risk management, customer protection, and more. Through real-world case studies and interactive activities, participants will enhance their ability to navigate complex regulatory environments and maintain robust product governance frameworks that prioritize both client interests and compliance.
By the end of this course, participants will be able to:
Understand the key principles and importance of Product Governance in financial services.
Identify and assess regulatory requirements relevant to product development and distribution.
Implement effective risk assessment and mitigation strategies in the product lifecycle.
Develop and maintain comprehensive documentation and reporting processes.
Safeguard consumer interests by ensuring product suitability, transparency, and fairness.
Introduction to Product Governance
Regulatory Frameworks and Compliance
Risk Management in Product Development
Product Design and Documentation
Product Approval Process
Product Monitoring and Review
Distribution and Suitability
Customer Protection and Communication
Required Knowledge and Skills
This course assumes an understanding of regulated financial services businesses, and the high-level requirements that make up the consumer duty.
About Your Trainer
Daiman has 20 years of experience in London-based investment banks in front office compliance advisory roles and in delivering regulatory change across multiple EU and UK pieces of legislation.
Leveraging his background as a lawyer, Daiman delivers design, implementation, remediation projects, business governance / management structures, SME / regulatory interpretation input, policy and procedure drafting and training.