Under the pre November 2007 FSA rules a firm had to provide best execution when it executed a customer order in a designated investment. The new FSA rules  cover all ‘financial instruments’ and Firms must establish and implement a  Best Execution Policy, setting out details of how best execution will be achieved.

The course is designed to provide delegates with an understanding of the current FSA rules, and the obligations that are imposed on regulated firms. You will be shown what needs to be considered as content for a Best Execution Policy and which would stand Regulatory scrutiny.

The course will cover, in detail, the best execution rules, including relationships with all clients including Professionals. The course will set out how a firm complies with its ‘Obligation’ to provide its clients with best execution as well as illustrating what a Best Execution Policy might look like.