The latest round of FCA Business Risk Awareness Workshops (BRAW) have been announced for the North-East and North Yorkshire and will take place over coming weeks.
The relevant postcodes are DH, DL, HG, LS, NE, SR, TS, BD, BB, CA, LA.
You should have received an invitation if you are in one of these postcodes.
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These are important events. They form part of the FCA’s approach to supervising smaller firms.
If you haven’t received an invitation, check SPAM etc, and if need be contact the FCA.
It is important that you make every effort to attend.
Re-familiarise yourselves with the Business Risk Awareness assessment process here of which these workshops are only the first part. They will be followed up by regulatory reviews and potentially further follow-up work.
If you need any support or preparation assistance, please contact us here.
More Choice – More Flexibility – More Relevance
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Many firms will need to make changes to their suitability processes.
Something to watch out for when advising clients with enhanced TVs.
Senior Managers Regime
Alistair MacDougall Compliance 2016, FCA, SM&CR
This will be extended to all firms during 2018 and has some significant impacts.