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The FCA has issued the following note for firms to action as required.

“Register for Connect today

Register for Connect today. You will need to use our online platform, Connect, to submit your firm’s details – also known as a mandatory annual update. This will be a requirement from January 2020, so we suggest you register now in good time.

If you need help to register and update your firm details, visit our website, watch our video guide, or call 0300 500 0597.

From January 2020, you will be required to update and confirm the accuracy of your firm details annually (even if there is no change), in line with your Accounting Reference Date (ARD). This must be done using Connect.

We are currently emailing, calling and writing to firms to provide the necessary information and encourage registration.”

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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.

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