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.”



FCA Survey – problem question
Michael Senior Compliance 2022, FCA
We wrote recently about the latest FCA survey. This is mandatory and some firms have been querying how to answer one of the questions. The question asks – What are your estimated cash needs (fixed costs, known variable costs) and expected cash inflows between 1 March and 31 May 2022? (GBP) Please report the […]