RegData migration reminder

Since October the FCA has been moving firms across from Gabriel to the new data collection platform, RegData. The move to RegData is happening in stages. At time of writing, 22% of firms have been moved.  

To prepare for the move, each Gabriel user needs to register for RegData before their planned moving date, by logging in to Gabriel and completing a one-time activity to link their Gabriel account to their Connect account.

All users are required to have completed the registration by 10pm on the Friday before the firm’s planned moving date. If registration is incomplete the FCA will not be able to move the firm from Gabriel to RegData. Firms will receive an email to communicate their planned moving date 3 weeks before the date, with reminders 5 days and 1 day to go.

Unsure whether you have already registered? Simply login to Gabriel and, if you are not prompted to register for RegData, that means you have already registered. For anyone not already registered, the FCA has set out the key steps firms will go through as they move to RegData, as well as a range of online resources to guide them when using the platform.

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

Principal users of Gabriel should check that the firm’s users have all registered for RegData.

Action Required By You

  • The firm’s principal user should check whether the firm is ready for RegData
  • For assistance contact your usual ATEB Consultant or contact ATEB directly.
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About the Author

Technical Manager - Often referred to as the Oracle or the Sage, Alistair has a wealth of financial services experience. He is our go-to Technical Manager and enjoys nothing more than a complicated conundrum. Feel free to test his renowned knowledge by getting in touch.

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