Learners understand:
Coverage
- regulator versus regulated firm
- legal entity versus group
- licence versus individual permission
- regulated and unregulated activities
- customer and jurisdiction considerations
- why a regulated parent does not automatically regulate a subsidiary
- introductory cross-border regulatory issues.
Practical outcome
identify the correct entity, activity, jurisdiction and permission before analysing a case.
Stage assessment context
Mainly unaided baseline
Assessment remains situated within the Stage 1 capability architecture. No source decision has yet been published for learning hours, prerequisites, assessment weights, pass standard, pricing or start date.