The latest FCA Positive Compliance workshops will focus on the regulatory requirements of RDR (morning session) and the use of Centralised Investment Propositions and Replacement Business (afternoon session).
We don’t expect any startling revelations from the FCA because these topics have been well documented.
However ……..
…….. the fact that the FCA feels that workshops are necessary suggests that they remain concerned about standards. Recent RDR thematic reviews have highlighted significant non-compliance, while the potential mis-use of CIPs and switching into CIPs poses significant risk for consumers.
The workshops therefore provide the opportunity to hear directly from the horse’s mouth and to see examples of good (and poor) practice.
For a list of dates and venues click here. Further information is available here and here.
Reviews. What do yours look like?
Paul Jay Compliance 2018, 2023, FCA, MiFID, Pension, Periodic Review, PI, TCF, Update
Review. It’s a simple word, but depending upon who you speak to, it can have several meanings. There are several definitions of the word ‘review’. In verb form, the Cambridge Dictionary cites review as: to think or talk about something again, in order to make changes to it or to make a decision about […]