Following the recent FCA changes to combined AR applications with the Approved Persons applications on 16th September, some firms who submitted prior to 16th are seeing a warning message advising them that the application cannot proceed until the Approved Person form is added.
The FCA has clarified that firms should ignore this warning message for any submissions prior to 16th September, and wait for the AR application to be processed before then adding the follow up Approved Persons information.
Data protection for joint parties
Alistair MacDougall Compliance 2018, Data Protection Act, GDPR, ML
Take care not to be caught out if the client provides details of another person.