One of the last pieces of the SM&CR jigsaw has been put in place with the publication of the FCA’s Policy Statement PS19/20.
We take a look at what the FCA has covered in their Annual Report for 2018/19.
Read our brief overview of the TSC’s meeting with the FCA on 25th June 2019.
Failings in outsourcing cost a firm £1.89m through joint fine by both the FCA and PRA
The FCA issued a reminder to all firms that are affected by the extension of the SM&CR, which comes into force on the 9th December 2019.
With UK Fund Boards being required to have at least 25% of their board positions filled by iNEDs by September 2019, we explain how our new partnership is help to support the needs of firms and the individuals searching for an iNED position.
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.
Polish up your skills with some of our Autumn Open Course highlights!
With the announcement that the SMCR implementation date for insurers is the 10th December. We are on a 5 month countdown and to help get you off to a great start access our condensed summary of the FCA Policy Statement 18/15.
The FCA have provided the near-final rules for extending the SM&CR to FCA firms. We have broken this 412 page document down into a handy condensed document, providing all the key points.
Take a look at our overview of CP18/12 and CP18/13.
With the delayed implementation date of IDD approaching on the 1st October 2018. It is important to take a look at what is expected. Keeping in mind the industry should now already be well prepared for the 1st October.
MIFID II – Impact of changes workshops,
Take an early look at some of our forthcoming open courses. Booking are already being taken for our 2018 courses, so take a look at what is available and get in touch with the team if you have any questions or require something more tailored to your current requirements.
You can access FSTP’s summary of the FCA CP17/26 and PRA CP14/17 here.
You can access our summary document of CP17/25 here.
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.
A look at some of the upcoming open courses running after the summer holidays.
The wait is finally over for the FCA’s final policy statement on the implementation of MiFID II. But it doesn’t look like a relaxing summer read, so get a head start with our summary of the document here.
With the announcement that the SMCR implementation date for insurers is the 10th December. We are on a 5 month countdown and to help get you off to a great start access our condensed summary of the FCA Policy Statement 18/15.
The FCA have provided the near-final rules for extending the SM&CR to FCA firms. We have broken this 412 page document down into a handy condensed document, providing all the key points.
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 are the key messages from the FCA business plan 17/18.
Here are some open courses we are running this Spring. We tend to use a two- or three-hour capsule learning format for Senior Management, as we know schedules are busy and a day out of the office is quite an ask. The sessions are jam-packed with information, advice and discussion, so you’re guaranteed to get a lot out of them.
This is the Spring 207 round up of FSTP courses we’ve planned for the Compliance and Risk area.
The FCA have issued a £163 million fine for serious failings around AML
What feedback have the FCA received to date and how to have your say.
The FCA have release some important information for those 52, 000 firms who will be moving to the SMR and CR in early 2017.
The FCA has released their Consultation Paper on MiFID II proposals.
A round up of upcoming training events for compliance and risk professionals.
We take a look at why the FCA is placing an emphasis on firms developing an appropriate culture, and how you can start to meet these requirements.
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 for Senior Management and Board Members.
With the Market Abuse Regulation (MAR) having gone live on the 3rd July 2016, we take a quick look at how you can check your firm has everything implemented properly.
A round up of upcoming training events surrounding Compliance and Risk.
The FCA is always warning of cloned websites. But how would you know if it has happened to you and do you know the actions you should take?
We all know that suitability of advice has been a key focal point for the FCA recently. It doesn’t look as though this focus will be changing for some time.
FSTP recommend firms make sure they are fully aware of the FCA survey of firms providing financial advice
FSTP Industry Partners Unicorn Training release updated ComplianceServe.
The FCA’s review of inducements, within the industry, has brought to light some key outcomes.
Julia Kirkland takes a look at the Risk outlook in the FCA 16/17 Business plan. Are there any new topics, or are they the same old familiar faces? What can we expect from them?
With the Senior Managers Regime (SMR) just around the corner, have you completed all the necessary forms for Grandfathering? Also have your final say on the regulators proposals.
With two high profile new starters, we take a loo at the impact this could have on the City.
The FCA have issued a thematic review of Consumer Credit firms’ approach to remuneration and incentives and their impact on potential mis-selling risk.
There has been plenty written about whether those fines will ever be paid and where blame lies. We know other firms have already paid the price of being involved with the KeyData. But we are where we are with the FCA as a Regulator and more EU Directives are coming along very shortly.
Do you have everything in hand for the implementation of MiFID II? We look at what lessons can be learnt from the implementation of MiFID back in 2007.
With the largest changes to the Pension industry coming in April, the FCA has taken additional steps to protect customers who access their defined contribution pension pot.
FSTP have condensed the 332 page FCA CP14/13PRACP14/14 into a manageable document.
