Gifts and Inducements Training Course
Understand gifts and inducements using real-life case studies
Regulations are presented for various types of regulated firms. What are gifts and inducements and why is it important to manage them?
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An inducement is a benefit offered to a firm, or any person acting on its behalf, with a view to that firm, or that person, adopting a particular course of action.
Conflicts of interest can arise from gifts and inducements where decisions and actions are (or could be) affected by personal self-interest at the expense of the needs of your firm or its clients. This impartiality may be driven by factors both inside and outside your place of work.
Conflicts of interest are high on the Financial Conduct Authority’s agenda. If gifts and inducements are overlooked, they may cause detriment to a number of stakeholders. The consequences of failing to comply with gifts and inducements regulations is demonstrated by the fines given to firms and individuals by the FCA. In 2022 these amounted to over £9 million.
Part 1
Introduces various types of gifts and inducements, explains how they might arise, and why it is important to manage them
Part 2
Relevant regulations are presented for various types of regulated firms. Management options such as the Gifts and Inducements Policy and Register are explored. The role of employees is illustrated using a hypothetical example
Part 3
Demonstrates what happens if gifts and inducements are not adequately managed. Recent high-profile case studies are used to demonstrate regulatory action
Part 4
Contains a multiple-choice knowledge test based on the course content
Course features
- Translation available
- WCAG version available
- Podcast
- Add your own photography and policies
- Customisation available, with bespoke scenarios
- Downloadable workbook
- Smartphone version
- End of course certificate
- CPD certified
- Sector-specific versions available
"With products such as GDPR or Health and Safety the material must cover all key areas and topics, and it is vital that the language used, case studies discussed, and examples fit the university context. [Marshalls] understand all of this, which makes their programmes so attractive."
- Durham University
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It’s a highly interactive course with rich graphics and audio-visual content blending a variety of question-types to encourage your learners to apply concepts to their daily work routine. An (optional) end-of-course test assesses learners on the level of knowledge they’ve retained. Pass rates can be set as required
Easy to implement and customise
Our in-house developers can quickly and effectively adapt this course to your sector and organisation. You could also add your own graphics, photos and video, and amend content to include your policies, procedures, and key areas