The FCA’s Online Notifications and Applications (ONA) system has been replaced by a new system called Connect.
For more information, please see here.
The FCA has issued emails advising individuals that they have been registered as a new user; they must activate their account, create passwords and complete security questions.
All firms have been issued with these emails but we are already aware of some firms not been able to locate them.
It is important that you update and start using the new Connect system since only existing draft applications will be allowed to complete on the ONA system, and these must be done before 01 December. All new applications and notifications must be carried out through Connect.
Consumer Duty: It’s a matter of Principle
Huw Reynolds Compliance Conduct, FCA, PI, protection
Apologies for the Consumer Duty overload but unless you’re taking a regulatory sabbatical, this is very much a hot topic. There are in excess of 50 FCA Handbooks (rules and guidance). You cannot be expected to be conversant with all of them, but you should have a good handle on the key ones, such […]