The FCA is urging firms not already registered on Connect to do so. They are emailing, calling and writing to firms that are not currently Connect users to encourage them to sign up before the new requirement comes into force in January 2020.
From January 2020, firms will be required to submit their mandatory annual update via Connect. This will include updating and confirming the accuracy of the firm’s details annually (even if there is no change), in line with the firm’s Accounting Reference Date (ARD).
The mandatory update form is within Applications and is available through a new menu choice, ‘Update or Attest your firm’s details’. The form is in the same format as all other applications in Connect.
Firms that are not already registered will find this link helpful.
More information about this new requirement is available here.
The firm’s ARD will determine when the information is required.
General Insurance Pricing Rules – Compliance with ICOBS 6B Attestation
Paul Caine Compliance Conduct, email, FCA, scam, Senior Manager, Update
The FCA is requesting that firms who have general insurance permissions (and premium finance providers), complete an online survey in relation to compliance with ICOBS 6B attestation. The deadline for submission is 31 March 2022, and attestation will need to be made by all firms who operate with the above permissions on a periodic basis. […]