FCP 6: Regulator-Ready — Governance, Reporting and Enforcement

Courses 1–5 of this series teach the duties of the Financial Consumer Protection Act, 2022; this course teaches how the board proves them. It covers Part II (sections 4–14), Part X (sections 40–41) and Part XI (sections 42–47) — board governance, the bi-annual report, regulator examinations, the enforcement ladder, court remedies and a board dashboard that evidences oversight — for directors, compliance officers and internal audit.

Jurisdiction: Seychelles (FSA / Central Bank of Seychelles) · For: Directors, Compliance Officers, Internal Audit · CPD units: 6 · Price: €144.00 · Pass mark: 50%

Learning time: 6 hours (360 minutes): about 128 minutes of reading, 212 minutes of case studies and self-check questions, and 20 minutes for the final test. The estimated time for each lesson is shown in its title and at the top of the lesson.

What this course covers

1. Framework and Regulators
2. Board Governance
3. Reporting and Records
4. Inspections
5. Enforcement and Remedies
6. Courts, Damages, Penalties and the Board Dashboard

Assessment and certificate

A 10-question test follows the final lesson. A score of 50% (5 of 10) or above is a pass. You may retake the test as many times as you need, and your CPD certificate — showing your name, the course, 6 CPD units, the date and a certificate number — is issued on your first passing attempt.

Legal sources

• Financial Consumer Protection Act, 2022 (Act 6 of 2022), consolidated to 1 September 2024 (FSA)
• Financial consumer protection legislation on the FSA website

Legislation current as at: Act as consolidated to 1 September 2024. Consolidated texts are unofficial and provided for convenience only. Always check the Official Gazette for the current law.