The Senior Manager and Certification Regime (SM&CR) applies to almost every UK solo-regulated firm, from very small firms (including sole traders and limited permission consumer credit firms) to some of the largest global firms.
The FCA has released what it calls an ‘explainer video’ to aid firms with implementation of the Certification Regime and the Conduct Rules ahead of the deadline on 31 March 2021.
You can view the short video here.
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The FCA has issued a second guidance consultation relating to vulnerable customers.
An email hacking scam first seen a few years ago is back.
Do you have to provide a suitability report for clients that are not UK citizens?
The EU/US Privacy Shield agreement has been struck down by the ECJ.
Suitability Reports – avoiding common problems
Alistair MacDougall Compliance complaints, Pension, PI, Update
How to avoid some of the commonly found issues with Suitability Reports.