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.
Operational resilience: preparing for the switch from analogue to digital phone lines
Richard Foster Compliance FCA, Switch
The FCA has recently issued a reminder to firms about forthcoming changes to the UK telephone system. The current analogue phone network (known as the Public Switched Telephone Network or PSTN) is starting to be switched off across the UK. It will be completely decommissioned by the end of 2025, migrating to a […]