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.
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The FCA has issued another alert aimed at firms advising on pension transfers or switches into SIPPs to accommodate non-mainstream investments.
Are you communicating clearly?
The changes outlined in the FCA’s Mortgage Market Review come into being on 26th April. This article acts as a reminder to firms of the changes. Please ensure that the updated processes and documents are now in place.
The Transition from Pre-RDR to Post-RDR Unit Classes
Steve Bailey Compliance 2016, FCA, Switch
Changing customers to post-RDR unit classes – important guidance.