The Senior Managers and Certification Regime will undergo its final extension to all solo regulated* firms in December. We are working on a guide and other materials to assist firms.
Meantime, the FCA has published a video that you might find helpful.
The video can be accessed here.
* A solo regulated firm is a firm that is regulated only by the FCA (and not also by the PRA).
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Although SM&CR for solo regulated firms does not commence until December, firms will benefit from doing some preparation in the coming months. This video might be of interest.
We are working on some materials and tools that will help firms prepare for SM&CR. Watch this space.
For information.
One of a series of roadshows the FCA is running around the country, this session offered some new insights into a topic that should be familiar to advisers but which it seems that many are still not getting right.
Are you prepared for the changes to capital adequacy for personal investment firms that come into effect on 30th June?
More Choice – More Flexibility – More Relevance
The FCA reminds firms of their expectations in relation to conflicts of interest.
FCA Positive Compliance – Mortgage Session
Alistair MacDougall Compliance 2015, 2017, FCA, FOS, Mortgage, PI, Switch, TCF
“The advice process: building a solid base.”
A summary of the FCA mortgage roadshow.