As previously advised, the FCA has now replaced Gabriel with RegData as the new data collection platform for gathering regulatory data from firms. All 52,000 firms that provided regulatory submissions in Gabriel now need to use RegData.
As part of its improved Data Quality controls, firms may receive a request from the FCA for a resubmission where errors have been identified. This can be time-consuming for both the FCA and firms. To help minimise such errors, the FCA has updated its RegData help and FAQs page which can be found here.
This updated page includes links to all the FCA’s RegData resources and includes reference to common data quality issues found within RegData submissions, as well as help text and FAQs in respect of each data request type.
Questions, questions…
Paul Jay Compliance 2023, FCA, Periodic Review, PI, platform, training, vulnerable, Xplan
As a result of firms needing to implement Consumer Duty this year (and many still don’t appear to have their act together yet), there hasn’t been much output from the regulator in the latter half of 2023. That has changed. In recent weeks the FCA seems to have issued more paper than confetti at a […]