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.
See what 2020 has in store.
The FCA has issued a Dear CEO letter with further guidance regarding the approval of financial promotions.
Do your research and due diligence processes stack up in the face of PROD?
Sole traders and Single Director firms might look similar but they are treated differently under SM&CR.
Fifth Money Laundering Directive (5MLD)
Alistair MacDougall Compliance 2018, 2019, 2020, FCA, ML, PI, Update
Changes are effective from 10 January 2020. Make sure you are implementing the rules as required.