8 April 2022 Consumer Duty: Sounds a bit like a new tax on advisers, doesn’t it? You’ll likely have seen the term in FCA communication by now, but do you really know how the proposed legislation will impact your firm? …
24 February 2022 The FCA has warned firms attempting to limit their liabilities that they will still be expected to provide the best possible outcomes for consumers. This includes covering compensation claims. There has been a worrying rise in the …
23 December 2021 The FCA has alerted us to an international data security breach that the National Cyber Security Centre (NCSC) has warned could be the most severe threat in years. A vulnerability in the Java logging framework, Log4j 2, …
23 November 2021 Financial advisers only have until the end of the week to get to grips with the Investment Firm Prudential Regime (IFPR). You must respond to the FCA’s IFPR questionnaire by November 26, which requires a rudimentary understanding …
26 April 2021 Manchester-based compliance experts, B-Compliant, are warning financial firms who did not meet the Directory Persons deadline at the end of March to heed the final call for submissions. Last week, the FCA emailed some 2,800 consumer-facing firms …
26 March 2021 Manchester-based B-Compliant is reminding all advisory firms that they must submit their entries to the FCA’s directory of certified and assessed persons by the end of the month. The financial compliance experts are warning all certified staff, …
4 February 2021 This article was first featured in Money Marketing in June 2020. Permissions: Use them or Lose them We often come across firms that hold certain regulatory permissions, but don’t use them. The first one that comes to …
19 May 2020 A new arrangement between HMRC and the FCA highlights the need for advisors to remain vigilant of their compliance obligations surrounding furloughed staff. A collaboration agreement between the FCA and HMRC, announced on May 1st 2020, has …