MiFID II
Periodic assessment of suitability under MiFID II
2018
Insurance Distribution Directive (IDD)
The IMD is being replaced with the IDD!
Suitability reports under MiFID II
Many firms will need to make changes to their suitability processes.
Recording telephone conversations
The FCA has published its policy on recording telephone calls.
Legal Entity Identifiers
Legal Entity Identifiers will be required by some investors from 3 January 2018. Read this article for more information.
FG17/4 – The fair treatment of mortgage customers in payment shortfall: impact of automatic capitalisations
Finalised guidance around automatic capitalisation of mortgage arrears.
MiFID II applications and notifications
MiFID II comes into being on 3 January 2018 but firms need to take action now.
PRIIPs disclosure rules delayed until January 2018
New disclosure rules that were intended to take effect from January 2017 have been put back one year.
CP16/18 – PRIIPs and the new rules on disclosure
New rules on disclosure will come into effect on 31 December 2016. See here for more information.
Are you ready for the recording rules?
Client conversations might need to be recorded from January 2018. Are you ready?