FCA provide guidance on SMF16/17 appointments
Firms should have heads of compliance and money laundering reporting officers (MLROs) who are suitably competent and capable of effectively
ML
Regulatory permission – use it or lose it
The FCA has published draft guidance on a new power that allows it to move faster to remove regulatory permissions
Trust Registration Service – update
New rules, transposing the Fifth Money Laundering Directive (5MLD) into UK law took effect on 10 January 2020. One impact
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
Implementation of Investment Firms Prudential Regime
The FCA has published policy statement PS21/6 – Implementation of Investment Firms Prudential Regime (IFPRU). The policy statement
Back to basics
It will be a surprise to few in our industry that those firms involved in defined benefit pension transfer business
Extension of Annual Financial Crime Reporting Obligations
Policy Statement PS21/4 summarises the FCA’s proposals to increase the number of firms (by circa 4500) who need to submit
FG 21/3 – client objectives
Following on from our previous articles on FG21/3, we will look today at another of the interesting areas covered by
Finalised guidance – Advising on pension transfers
Alongside the rules introduced in October 2020 by Policy Statement (PS 20/6), the FCA published an accompanying guidance consultation (GC
SM&CR and coronavirus: FCA expectations for solo-regulated firms – December 2020 update
Updates to be aware of ...