A round up of the recent regulatory announcements for all firms.
FCA produce another Consultation Paper and want comments by 28th May 2021. But not just any Consultation Paper, A VERY SIGNIFICANT CONSULTATION PAPER.
Our students have once again out performed the national average pass rate for all three papers of the Chartered Wealth Manager qualification. Find out more about our candidates success here.
From the 1st April there are changes to the incentives on offer for apprenticeships.
Product Governance Implications following the FCA Covid-19 Business Interruption Test Case.
From July 2022 the FCA will be regulating Funeral plans. What does the regulator expect from firms and what do they need to be doing to prepare?
We take a quick look at the latest regulatory review. Access to full review inside.
Shining A Light On Adviser Excellence In A Changing World – FSTP has been named as a Finalist in the ‘Best Support Services for Advisers’ category.
Access an hour of structured CPD accredited by the London School of Banking and Finance.
So the countdown to Brexit is over, but the discussions and negotiations are still far from complete, especially for financial services.
The final day of the Brexit countdown. We touch on some useful resources to help keep you up to date with last minute changes and the regulators expectations on firms.
Final 10 days left before the end of the transition period. We highlight some things to be keeping an eye on over the last few days.
Brexit countdown reaches 16 days to go. What should you be expecting come the 1st January?
The final countdown is here… We take another look at the key things the industry should be preparing for regarding Brexit.
Our 5th Brexit blog is out with a month and a half to go. There is more clarity emerging over what is expected of financial services come New Years Day.
The CII have announced they are bringing an end to gap-fill for advisers to achieve their SPS. This will be coming into effect from August 2021.
Brexit plans and notifications continue to be issued and can’t get lost in all the noise. The FCA has issued a couple of documents that deserve some attention, we take a look in our latest short article.
As Brexit negotiations continue we take a quick look at the Financial Services bill that was introduced in Parliament last week and the ‘Dear CEO’ letter from the regulators to insurance firms.
The FCA have released a new explainer video giving guidance to firms regarding their preparation for the Certification regime and the conduct rules. It appears the FCA believes that firms are still not as prepared as they were expecting them to be at this stage.
We look at two important announcements for you to consider amongst the flood of news coming our way at the moment.
We take a look at some of the key impacts facing the UK as the countdown is on for the end of the transition period.
How has Covid-19 impacted on the industries response to the FCA’s CP/32 from December 2019, looking for responses around operational resilience? Originally asking for feedback by April 2020, you may have thought it would be well into 2021 before needing to act on any final rules and, that would have been a fair observation, if not for the seismic impact of Covid-19.
In light of all that has happened in the last 12 months and the end of the transitional period of UK leaving Europe, it should come as no surprise that the FCA have issued a Discussion Paper on the future of regulatory oversight of Investment firms including Asset managers.
Our guest author Stuart Smith takes a look at the challenges facing boards when it comes to diversity.
Our senior Partner Julia Kirkland takes a brief look at some of the less talked about figures from the budget.
Failings in outsourcing cost a firm £1.89m through joint fine by both the FCA and PRA
The second largest financial penalty ever imposed by The Financial Conduct Authority (FCA) for Anti-Money Laundering (AML) failings has been made public.
Read about the 13th fine made by the FCA relating to failures around transaction reporting.
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If you’re looking to take the CISI Chartered Wealth Manager exam here’s all you need to know to get started.
Keep up to date with the latest information around the Insurance Distribution Directive (IDD).
A look into what we should all be focusing on one month after MIFID II implementation.
A condensed paper covering the extension of the Senior Managers & Certification Regime to all FCA regulated firms (CP 17/26) and including the transitional arrangements for insurers and individuals to the SMCR (CP 17/41).
Have your say on the FCA’s approach to both Authorisation and Competition.
Today saw the release of the CISI June narrative exam results. These included all three of the level 7 Chartered Wealth Manager papers. Our candidates have again exceeded the national average.
What should candidates look out for and what should they expect from a study provider?
The FCA have released the consultation paper on their proposals for extending the Senior Managers and Certification Regime. They will be accepting feedback until 3 November 2017.
FSTP’s condensed version of the consultation paper will follow shortly.
The FCA have released the final market study into the asset management sectors. Find out the remedies being taken forward to address the issues identified.
What is the early impact of the election results for the industry, and the implications moving forward for the scheduled regulatory updates?
What are the key messages from the FCA business plan 17/18.
Nobody likes to receive complaints but when you do how you handle them can have a big impact on your business.
The FCA has issued PS17/9 that explains how the duty of responsibility will be enforced throughout the industry.
An article focusing on technical knowledge around Indirect Investments. This first appeared in our popular e-journal, ‘Advice Matters’ in February 2017.
An article focusing on whether we can identify those clients who may be facing or are already in financial distress. First appeared in our popular e-journal, ‘Advice Matters’ in September 2016.
With the release of the findings from the FCA’s Asset Management Market Study on the 18/11/16. We take a look at what this could mean for the industry moving forward.
Take a look at how you could take control of 12 hours of your annual CPD, with our accredited online monthly e-magazine Advice Matters.
Our candidates have again surpassed the national average pass rate.
The importance the regulator is placing on suitability of advice to protect customers is highlighted through the lengths firms are going to make sure they are fully meeting these regulations.
A round up of upcoming training events surrounding Personal Development.