Menu
No More FSA
Compliance

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’. 

Don’t forget to check Our View about this article and the Actions Required By You

arrow-top-right

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

The deadline for full transition to the Financial Conduct Authority is drawing closer and all firms need to ensure they have updated stationery and disclosure documents before this date.

Action Required By You

Ensure all stationery and disclosure documents are reviewed, updated and reprinted if necessary to reflect the new Regulatory disclosure requirements before 31st March 2014.

SUIT - Beautiful Reports
CREATE BEAUTIFUL
SUITABILITY
REPORTS
TRY IT FOR FREE
SUIT - Complete Control
TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION
TRY IT FOR FREE
SUIT - Comp confidence
SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE
TRY IT FOR FREE
previous arrow
next arrow

About the Author

Steve Bailey

Steve is an ATEB Director and has a deep understanding of all matter regulatory, built up over his 30 years + in the industry. With a training background and a technical brain, he overseas numerous complex projects and client implementation work.

Contact Us

2014FCA
Compliance

Brought to you by

Explore more articles in this category

Other articles that you might be interested in

news-item2

ATEB Compliance is now Thistle Initiatives

Compliance ,

Our new website is: www.thistleinitiatives.co.uk and you can keep up to date with all of our usual regulatory and company updates here.

Read More
Accuracy afternoon alarm clock analogue

Doesn’t time fly?

Compliance , , ,

Yes, believe it or not, as this article lands in your inbox it’s six months since Consumer Duty went live.   Time really does fly when you’re having fun (what do you mean, this isn’t fun?) and in another six months from now the second phase of CD, covering closed products, comes into effect. More […]

Read More
251A5884-HEPTINSTALL-2

A happy retirement

Compliance ,

Not, as you may think, an article about problems related to PP switching (watch this space though), but a brief note to wish one of our own all the best for his retirement. After eight years with ATEB, 31 January sees Alistair MacDougall hanging up his financial services boots. Those readers who have been receiving […]

Read More
iStock-1459005346 [Converted]

New Content Integration with Evelyn Partners

Suitability , , , , ,

We have some exciting news on the latest upgrade to ATEB Suitability on 19th January 2024. This update comes at no additional cost and provides a new addition to our content integration library. We have partnered with Evelyn Partners to provide our customer firms with access to the following: A description of their service A description for […]

Read More
Fair

Reviews. What do yours look like?

Compliance , , , , , , , ,

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 […]

Read More
Load More