CP 21/34 – Improving the Appointed Representatives regime
The FCA has launched a consultation (CP21/34 ) which is intended to improve the appointed representatives regime and tackling harm […]
Conduct
Conduct Rules Breaches – follow up
We wrote recently about the Conduct Rules and, in particular, breaches and notifications . See here. This article is intended […]
New anti-scam rules for scheme trustees
The rights of pension scheme members to transfer, that were established in the Pensions Act 2015 are no longer absolute […]
Appointed Representatives – some SM&CR questions
Occasionally, we come across firms that are ‘Principal Firms’ – i.e. the firm has Appointed Representatives (AR) but where one […]
AR survey
The FCA is requesting completion of a survey from firms with Appointed Representatives (ARs). Where applicable, firms may already have […]
Early Oversight Function Pilot
The FCA set out in its Business Plan 21/22 how it is changing to improve performance and meet future challenges, […]
Pension Transfer Specialist – qualification deadline
FCA Policy Statement PS18/20 introduced a new requirement that all Pension Transfer Specialists (PTS) must hold the Level 4 qualification […]
Notifying breaches of the Conduct Rules
Even with all the deferrals of deadlines around implementation of the SMCR as a result of COVID, firms should now […]
Update on SMR and CF (AR) applications
The FCA has published an update on the timescales and delays currently being experienced by firms that submit application for […]
Anti Money Laundering Review …… Dear CEO – Banking Sector
The Financial Conduct Authority (FCA), in May 2021, issued a Dear CEO letter entitled “Action needed in response to common […]