The FCA has published an alert to all Principals, regardless of sector, who have one or more Appointed Representatives or Introducer Appointed Representatives (‘ARs’). Principals are responsible for the regulated activities of their ARs. The alert sets out the risks that the FCA expects firms to consider and act upon, where relevant.
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This is a follow up to previous alerts about the risks involved in dealing with Introcuders. All Principal and Appointed Representative firms should read it.
For information.
The FCA has made some minor changes to the TC Rulebook.
MiFID II comes into being on 3 January 2018 but firms need to take action now.
The FCA is pushing ahead with implementation of the FAMR. The latest consultation paper explains what is happening.
Are you prepared for the changes to capital adequacy for personal investment firms that come into effect on 30th June?
FG17/4 – The fair treatment of mortgage customers in payment shortfall: impact of automatic capitalisations
Alistair MacDougall Compliance 2018, FCA, Mortgage, PI
Finalised guidance around automatic capitalisation of mortgage arrears.