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.
We’ve been pointed towards some useful training links.
We have recently attended a seminar where the FCA Authorisations department estimated that they will receive around 51,000 applications, although they suggest that only 39,000 actually require a licence.
Having difficulties completing the new RDR friendly sections K and L of RMAR? ATEB has produced guides
The FCA has back-tracked on the new Capital Resource requirements!
Mortgage Market Review – A Reminder
Steve Bailey Compliance 2014, FCA, Mortgage
The Mortgage Market Review (MMR) is due for implemetation in April of 2014. Are you prepared?