The FCA has made some changes to the GABRIEL returns for firms with reporting periods ending on or after 31 December 2016.
The updated forms relevant to the majority of ATEB firms are minor changes to CCR003, RMA K and more major changes to RMA G. There is a significant increase in the information required for ‘RMA G Training and Competence’ for example it now includes the Professional Standards Data Return (PSDR) information.
This does mean the PSDR is no longer required after January 2017 submissions as the information will need to be provided in every GABRIEL submission.
At the time of writing the SUP 16 Annex 18 pages and FAQs have been updated to reflect the changes but it looks like the ‘Help text’ has not.
The FAQs can be accessed here and SUP 16 Annex 18 b can be accessed here.
The replacement business blind spot?
Paul Jay Compliance Drawdown, FCA, Pension, PI, platform, Switch, transfer
We’ve been involved with a number of firms who are on the acquisition trail and as part of the due diligence work we support them with, we check a lot of advice files. It won’t come as a surprise that many of these involve replacement business. What never ceases to amaze us is that, despite […]