Supporting universities to meet their financial duties
Many universities are regulated by the Financial Conduct Authority (FCA), or have arrangements with third parties to cover regulation, in respect of various financial services (not least consumer credit). You can check your institution’s position on the FCA register.
What does FCA regulation mean for universities?
FCA regulation is in addition to the OfS Regulatory Framework. Issues of compliance or non-compliance with FCA requirements can have ramifications for institutions and for their individual senior personnel, especially – but not exclusively – those individuals named on the FCA Register.
In particular, the FCA’s statutory powers, especially where any rule breaches might be in issue, could affect any individuals who have (or may want to have) a senior role in the financial services industry – whether such a role would be within a university, a bank, an insurer or otherwise.
Who should attend?
This webinar is free to attend and open to all. It’ll be of particular interest to university finance directors, legal practitioners, accountable officers and personnel registered with the FCA.
What we’ll cover
During the session, we’ll explain:
- When is FCA registration is required?
- What are the key practical implications for universities that are regulated or may be considering closer collaboration with a regulated provider?
- What are the key compliance obligations of the university and the individual officers, especially where the institution faces financial difficulties?
- What events need reporting to the FCA?
- How does this compare to OfS reporting requirements?
- What are the potential consequences for getting it wrong – for the institutions and for the named individuals?
Join our team of experts to learn more about the potential effects of financial services regulations in relation to universities’ financial strategies and performance.
Our speakers
Nathalie Jacoby-Danesh
Partner
Jeremy Irving
Partner
Helen Simm
Partner
Key contact
Nathalie Jacoby-Danesh
Partner
nathalie.jacoby-danesh@brownejacobson.com
+44 (0)330 045 2833
You may be interested in...
Legal Update - London Market Quarterly
London Market Quarterly December 2024: An eye on what the market needs to know
Online Event
Supporting universities to meet their financial duties
Legal Update
Gain educational leadership insights from Sir Chris Husbands
Podcast - #EdInfluence
#EdInfluence podcast (series 4): In conversation with inspiring leaders
Press Release - School leaders survey
Browne Jacobson’s latest School Leaders Survey illustrates need for better SEND guidance as exclusions rise
Press Release
New hires at Browne Jacobson will support schools with data compliance amid enhanced ICO scrutiny
Published Article
Johnson et al v FirstRand Bank: Judgment sends warning across financial services intermediation
Legal Update
What’s in a name: ESG principles and UK local authorities
Opinion
Balancing employer flexibility and employee rights
Legal Update - School leaders survey
School Leaders Survey Autumn 2024: The results are in
Legal Update
Environmental crime and the impact for insurers
Legal Update - Be Connected (schools)
Be Connected: Schools and academy trusts November 2024
On-Demand
Shaping a culture of respect and safety: Preventing sexual harassment in our schools
Legal Update
Funding withdrawn for trusts and academy conversions
Legal Update
Top five takeaways for schools on the Employment Rights Bill
Legal Update
Martyn's Law: A closer look at the UK's new proposed anti-terror measures
Legal Update
New High Court case on exclusion reconsiderations
Legal Update
Building an inclusive workplace: strategies for attracting and retaining disabled talent
Legal Update
What will the new RISE Scheme mean for schools and academy trusts?
On-Demand
How schools can grapple with new employment law to thrive in a new era
Legal Update
Five steps to turn the tide on Subject Access Requests
Guide
New guidance for intervention in schools
Legal Update
Silence persists on gender questioning guidance for schools
Online Event
EdCon 2025
Legal Update
After a pause, Buy Now Pay Later (BNPL) regulation becomes one step closer
Press Release
Browne Jacobson comments on the government's announcement of tuition fee rises
Published Article - DORA
Digital Operational Resilience Act: Key considerations ahead of the 17 January 2025 compliance deadline
Online Event
Upcoming Autumn events for schools and academy trusts
Legal Update - Be Connected (higher education)
Be Connected: Higher education Autumn 2024
Legal Update
Insurability by design: Increased transparency for vehicle manufacturers and insurers
Legal Update
Supreme Court clarifies public authority liability: Police duty of care in negligence cases
Published Article
The pressure on western universities to divest in fossil fuels: Navigating legal complexities and environmental responsibilities
Legal Update - Employment Rights Bill
Labour’s employment law reforms: Employment Rights Bill unveiled
Legal Update
Expanding the role of school attendance mentors
Legal Update
Working together to support student wellbeing
Online Event
Managing safeguarding allegations against staff
Legal Update - Procurement Act
Procurement Act delay: What’s the impact for higher education institutions?
Legal Update
Organisational approaches to ESG and sustainability matters
Legal Update
Romance fraud, online scams and cyber fraud: How banks are now protecting your money
