Description
Prudential regulation is essential for firms operating within the financial services sector. It serves as a cornerstone of the ethical and moral framework that supports stable and healthy financial systems. A lack of prudence in financial decision-making can lead to significant economic disruptions. Prudence involves exercising caution when making financial decisions or allocating resources, aiming to minimize unnecessary risks. In the realm of accounting, prudence dictates that companies should avoid overstating their assets and profits, as well as understating their losses in financial reports. Our Prudential Regulation Training Course provides a comprehensive overview of the prudential standards that govern financial services firms in the UK. Learning Objectives This course will equip your employees to:- Grasp the concepts of ‘prudence’ and ‘prudential.’
- Recognize the critical role of prudential regulation within financial services.
- Understand the regulatory framework that supports prudential regulation in the UK.
- Navigate the structure and specifics of the UK’s prudential regulations for financial services.
