subject: Training For Financial Services Available From Ctp [print this page] Everyone knows the financial matters are hard to keep up with. Rules and regulations change all the time and even as just a normal consumer it can be hard to keep track. Even just over recent years we have seen conflicting guidelines over things such as unfair bank charges, for example. Most of the media was telling us that we could claim these charges back and in fact most banks probably assumed that they would be made to pay back any of these because any claims were settled quickly. However when the FSA finally made their decision, they ruled that the charges were not unfair so banks were under no obligation to refund. A similar situation is occurring with payment protection insurance policies and the current trend for consumers to claim this charge back. We are waiting on an FSA ruling however most claims at the moment are settled within 12 weeks.
You can see that even just from a consumer point of view and the very basic things that we are involved in that it can be hard to keep up. Imagine doing all of this as a business and ensuring you and all of your staff are trained and have a full understanding.
If you do run a business in the finance industry then it is important that all areas of your business are FSA compliant. You are in charge of making sure that this happens and if it doesnt then you are liable for fines.
How do you set about ensuring that this happens? Easy... You get an expert company in to help you. A financial services training company have the knowledge and the tools to help ensure everyone that they train is fully up to date with the rules and have a full understanding of what is expected. By doing this you can sit back and relax knowing that your employees are following the FSA rules and you are not at risk of fines. You can get back to running the business properly and the day to day things that need to be done rather than worrying whether you and/or your employees are being FSA compliant or not.
