December 12, 2022
What is the FCA Consumer Duty and how does it affect your firm?
The FCA Consumer duty is a key principle of the regulatory framework that governs the financial sector in the UK. This principle requires financial firms to always act in the best interests of their customers and to put the interests of consumers first when carrying out their activities.
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FCA
Consumer Duty
December 7, 2022
Are you aware of the FCA rules to protect consumers from rogue financial promotions
Did you know that the FCA has published a consultation paper and press release setting out how it proposes to operate a new authorisations gateway for firms wanting to continue approving financial promotions for unauthorised persons.
Read MoreNovember 23, 2022
FCA's new rules on Appointed Representative Regime
Changes to the Appointed Representatives regimes will take effect from 08 December 2022. The final rules were published in the Financial Conduct Authority’s policy statement to improve the appointed representative's regime.
Read MoreOctober 18, 2022
How to get FCA authorised (part 3)
As part of our How To series on 'How to get FCA authorised'. We are addressing all aspects of preparing for FCA authorisation. This will look to cover a range of key items your business should consider from the location of offices, and expected fees to resourcing.
Read MoreOctober 12, 2022
How to get FCA authorised (part 2)
As part of our How To series on 'How to get FCA authorised'. We are addressing all aspects of preparing for FCA authorisation. This will look to cover a range of key items your business should consider from the location of offices, and expected fees to resourcing.
Read MoreSeptember 27, 2022
How to get FCA authorised (part 1)
We are launching a new How To series on 'How to get FCA authorised'. This will look to cover a range of key items your business should consider from the location of offices, expected fees to resourcing. We will start on the first few key areas covering
Read MoreSeptember 26, 2022
How much are the FCA fees?
The common question we receive when firms are deciding whether to get authorised or not as an FCA regulated firm is how much will it cost?
Read MoreSeptember 20, 2022
How to conduct a Business and Customer Risk Assessment
A business risk assessment provides visibility of the levels of AML risks within your firm to demonstrate the application of a risk-based approach. The outcome of the BRA is an AML risk rating for you and the organisational chart of business units is differentiated into high, medium or low risk. The BRA evaluates the AML risks faced by the business and demonstrates that it allocates resources according to the risk-based approach.
Read MoreSeptember 13, 2022
What are AML Trigger events your team needs to be aware of?
Trigger Events highlight instances where there may be a change in customers’ circumstances.
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