Financial Services Authority to Financial Conduct Authority: the Final Transition
The Financial Services Authority (FSA) outlined in its Policy Statement PS13_5 (the new FCA Handbook) timescales for regulated firms to fully comply with the disclosure rules detailed in handbook GEN 4 & 5.
Firms had 12 months from the inception of the new Regulator on 01 April 2013 to fully comply with the disclosure rules and ensure that stationery and disclosure documents include ‘Authorised and Regulated by the Financial Conduct Authority’.
Note that the disclosure should be written in long hand rather than abbreviated to ‘FCA’.
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 […]