FCA information for firms and FCA  Consumer Duty webpages to help firms implement the Duty. 31 October 2022: Firms’ boards (or equivalent management body) should have agreed their implementation plans and be able to evidence they have scrutinised and challenged the plans to ensure they are deliverable and robust to meet the new standards.

The company One of the South West’s leading IFAA and Legal Services firms. The director, after 31 years of trading has brought the Legal & Financial service together under the family firm name. The company has a back-office team of experienced staff and their own offices in Devon & Somerset. He wants to grow the

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We work in the commercial sector , mirroring the NACFB codes of practice, ensuring businesses conform to regulatory requirements. I already perform the role of SMF16 for two networks.

Remember your staff have rights within your business concerning who you share their data with: Do you have the right consents in place? are your staff aware who you share their data with? Third parties could include, payroll, pension companies, training. How secure are their systems? Do you carry out annual reviews for your staff’s

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Lloyds Banking Group (Lloyds) has agreed to set up a redress scheme for mortgage customers who incurred fees after they fell behind with their mortgage payments I hope that all lending institutes take notice of the FCA stance on the fair treatment of customers, especially those in financial difficulties or who are vulnerable, as it

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In October 2015, HM Treasury announced its intention to extend the Senior Managers and Certification Regime (SM&CR) to all sectors of the financial services industry. The Financial Conduct Authority (FCA) has today published proposals to extend the SM&CR to almost all regulated firms. The new regime will essentially replace the Approved Persons Regime. The aim

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Attention: Brokers, Lenders, NACFB members and IFA’s Mortgages, Finance loans, commercial finance,non-investment insurance I am able to offer an indepth review of your regulatory compliance policy and procedures, including sales practices, Training and competence, compliance strategy ,governance controls and other key areas over a two day period. I will provide a detailed project compliance strategy

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FCA have published a new guide to the foundations of good cyber security. Thay have designed the guide to help firms, particularly smaller businesses, become more resilient to cyber attacks and to respond appropriately to cyber incidents. FCA  our cyber security guide . The guide explains when a firm may need to report a cyber

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This is still happening……‘Implications of the incoming changes being consulted on within the new Insurance Distribution Directive‘ The FCA consultation paper should be read by all GI firms, follow the link for the PDF https://www.fca.org.uk/publication/consultation/cp17-07.pdf Effective date 23rd Feb 2018

The Criminal Finances Bill 2016-17 is scheduled to come into law this summer. It contains a raft of radical measures directed at the financial sector in a renewed effort to ensure that criminals cannot enjoy the fruits of their unlawful activities. When enacted, the legislation will represent the most extensive shake-up of asset confiscation and

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