Compliance e-Learning Platform

Frequently Asked Questions (FAQ)

Why is regulatory training important for financial services staff?

With the breadth of regulatory requirements firms face today, it is essential that staff understand their obligations as participants in the world of financial services and stay updated with the latest regulatory changes and best practices. Proper training ensures compliance and helps mitigate risks associated with non-compliance, protecting both the firm and its clients.

What partnership does Braithwate have to offer online training courses?

Braithwate has partnered with leading e-learning provider, Skillcast®, to offer a comprehensive library of self-paced online training courses.

How many courses are available on the platform?

The platform offers over 200 courses covering a wide range of regulatory topics.

How does Braithwate ensure the courses remain current?

The library of courses is continually evolving to keep pace with regulatory developments. Braithwate also develops bespoke training courses for our clients.

What are the subscription options for the e-Learning Platform?

The e-Learning Platform is offered as an annual subscription, suitable for 1 to 10,000+ users.

How can I subscribe to the e-Learning Platform?

For 1 to 10 users, you can subscribe directly now. For larger teams, please get in touch with us to discuss pricing and custom configuration for your business.

How does self-paced learning benefit employees?

Self-paced learning allows employees to complete training at their own convenience, leading to better retention and understanding. It accommodates different learning speeds and styles, making it an efficient and flexible training solution.

Can the training courses be customised?

Yes, Braithwate can customise training courses to meet specific client needs. Material can be added to reflect a firm’s policies and procedures or idiosyncratic aspects of the business model. We can also tailor the tests to ensure particular learning objectives are met and we can develop specialised curricula to support career development paths.

Do the courses include assessments and certificates?

Yes, the courses include mini-tests and assessments to ensure comprehension of the material. Upon successful completion, participants receive certificates, which can be used to demonstrate compliance and training completion.

What are the key benefits of compliance training for financial services firms?

Compliance training helps firms avoid legal penalties, protects their reputation, ensures ethical conduct, and fosters a culture of compliance and integrity. It also helps in identifying and mitigating risks proactively.

How often should compliance training be conducted?

Compliance training should be conducted regularly, with updates as new regulations and policies are introduced. Many firms opt for annual training sessions, supplemented with additional courses as needed to address specific regulatory changes or emerging risks.

How is the effectiveness of compliance training measured?

Effectiveness can be measured through various means such as pre- and post-training assessments, employee feedback, tracking completion rates, and monitoring compliance incident rates before and after training.

What is the process for updating training content to reflect new regulations?

Braithwate and Skillcast® continuously monitor regulatory developments and update training content accordingly. This ensures that all courses remain current and relevant, reflecting the latest regulatory requirements and best practices.

Can training courses be integrated into our existing Learning Management System (LMS)?

Yes, the training courses offered can be integrated into most existing Learning Management Systems (LMS) that support SCORM, ensuring seamless access and administration for your employees.

How can we ensure that all employees complete the required compliance training?

Tracking and reporting tools are available within the e-Learning Platform to monitor employee progress and completion rates. Automated reminders and notifications can also be set up to ensure timely completion of required training.

Is there support available for technical issues or questions about the training content?

Yes, Braithwate offers comprehensive support for both technical issues and content-related questions. Our team is available to assist with any queries to ensure a smooth training experience.

How customizable is the e-Learning Platform for different organizational needs?

The e-Learning Platform is highly customizable. We can tailor the content, format, and delivery methods to align with your organization's specific requirements and compliance goals.

What are the costs associated with compliance training?

Costs vary depending on the number of users and the level of customization required. For smaller teams (1-10 users), standard subscription pricing applies. For larger teams, please contact us to discuss pricing and custom configuration options.

How long does it take to complete the courses?

Course duration varies depending on the complexity of the topic. Most courses are designed to be concise and focused, taking between 30 minutes to 2 hours to complete. Detailed course outlines and time estimates are provided in the course descriptions.

What kind of post-training support is available?

Post-training support includes access to course materials for reference, follow-up assessments, and continuous learning modules to reinforce key concepts. Additionally, we offer ongoing updates and new courses to keep your team informed about the latest regulatory changes.

These questions and answers can help provide a comprehensive understanding of financial services compliance training and its importance, benefits, and implementation.

Screenshot from a compliance training course on market abuse regulation