The FCA has published two new bite-size SM&CR podcasts. These will be useful for firms currently preparing for SM&CR.
- Certification and regulatory references: The purpose and scope, plus practical steps firms can take to prepare.
- Conduct rules: The five Conduct Rules will apply to everyone doing financial services work. The podcast explains the training requirements around them and offers practical tips for training staff.
The latest guidance and information on SM&CR can be found here. We would recommend that firms check this link regularly between now and 9 December 2019.
In particular, firms should note the deadline of 24 November for submitting Form O (Opt Up Notification – for Core and Limited Scope firms only) and Form K (Conversion Notification – for Core and Enhanced firms only) if these are applicable.
A closer look at FG 21/3 – finalised guidance on transfers
Alistair MacDougall Compliance FCA, Pension, Pension Transfer, PI, transfer
In our recent article giving an overview of Finalised Guidance (FG 21/3), we indicated that we would pick out a few of the more interesting snippets for a closer look. That is not to imply that the rest of the guidance is of no interest, just a reflection that much of the guidance is a […]