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.
Make sure you meet the SM&CR deadlines.
Approvals are currently taking longer than normal.
For information.
It is 2021 and changes are afoot …
FCA publications on Consumer Investments
Alistair MacDougall Compliance 2020, 2021, FCA, Pension, Pension Transfer, PI, SM&CR, Update
The FCA has published three papers giving an insight on what the regulatory focus has been and is likely to be.