ΠΕΡΙΓΡΑΦΗ

Change of Control transactions are a key regulatory consideration for firms operating within the financial services sector. Understanding when regulatory approval is required, how to prepare a compliant application, and what regulators expect is essential for ensuring smooth and successful transactions.

This practical webinar provides a clear overview of the Change of Control framework under the FSA, covering ownership thresholds, application procedures, assessment criteria, and common regulatory challenges. Through practical examples and case-based discussions, participants will learn how to identify triggering events, prepare effective submissions, and manage interactions with regulators confidently.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This course is suitable for professionals involved inregulatory compliance, corporate transactions, and financial servicesgovernance, including:

• Compliance Officers
• In House Legal Counsels (Financial Services /Corporate)
• Risk Managers
• Corporate Finance Professionals
• M&A Advisors
• Company Secretaries
• Internal Auditors
• Directors and Senior Managers of regulated firms
• Consultants in financial/corporate sector

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Course content

Module 1: Introduction & Regulatory Context

• Overview of the FSA and its supervisory role
• Definition of “change of control”
• Why regulatory approval is required
• Key legislation and regulatory framework
• Consequences of non-compliance

Outcome: Participants understand the regulatory purpose andlegal foundation of change of control rules.

Module 2: Identifying a Change of Control

• Thresholds for control (e.g., 10%, 20%, 30%, 50%)
• Direct vs indirect control
• Significant influence vs ownership
• Practical examples and scenarios

Outcome: Participants can determine when a transactiontriggers a notification or approval requirement.

Module 3: The Application Process

• Pre-notification considerations
• Step-by-step application process
• Required forms and submission channels
• Key documentation 
• Timelines and regulatory review periods

Outcome: Participants understand how to prepare and submit a complete and compliantapplication.

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Module 4: Regulatory Assessment Criteria

• Fit and proper test/evaluation of proposed acquirers
• Financial soundness
• Impact on the regulated entity
• Governance and risk management considerations
• Anti-money laundering and source of funds/source of wealth  checks

Outcome: Participants understand how regulators assessapplications and what drives approval decisions.

Module 5: Common Challenges & Pitfalls

• Incomplete or inconsistent information
• Complex ownership structures
• Delays and requests for further information
• Cross-border considerations
• Lessons learned from real-world cases

Outcome: Participants can anticipate and mitigate commonissues in the process.

Module 6: Practical Case Study & Interactive Discussion

• Walkthrough of a sample transaction
• Identifying triggers and risks
• Group discussion or Q&A

Outcome: Participants apply knowledge to a realisticscenario.

Module 7: Best Practices & Regulator Engagement

• Communicating effectively with the FSA
• Managing timelines and expectations
• Coordinating internal stakeholders and advisors
• Post-approval obligations

Outcome: Participants gain practical strategies for smoother application handling.

Trainer: Eleni Chatzoglou