22
Jan
The FCA has released a Dear CEO letter for financial advisers around the suitability of advice and why he regulator is making this an area of focus for 2020.
Industry Updates
FCA PS19/20 – Optimising the Senior Managers & Certification Regime – Feedback to CP19/4 and Final Rules
29
Jul
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.
16
Jul
We take a look at what the FCA has covered in their Annual Report for 2018/19.
01
Jul
Read our brief overview of the TSC’s meeting with the FCA on 25th June 2019.
05
Jun
Failings in outsourcing cost a firm £1.89m through joint fine by both the FCA and PRA
Industry Updates
SM&CR: The FCA reminds firms about the extension of the regime and encourages early preparation
18
Apr
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.
17
Apr
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.
11
Apr
The second largest financial penalty ever imposed by The Financial Conduct Authority (FCA) for Anti-Money Laundering (AML) failings has been made public.
22
Mar
Read about the 13th fine made by the FCA relating to failures around transaction reporting.
30
Aug
Polish up your skills with some of our Autumn Open Course highlights!
11
Jul
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.
10
Jul
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.
Industry Updates
What do the latest FCA’s consultation papers, CP18/12 & CP18/13, have in store for the high-cost credit sector?
02
Jul
Take a look at our overview of CP18/12 and CP18/13.
20
Apr
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.
26
Jan
MIFID II – Impact of changes workshops,
30
Nov
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.
02
Aug
You can access FSTP’s summary of the FCA CP17/26 and PRA CP14/17 here.
27
Jul
You can access our summary document of CP17/25 here.
Industry Updates
The FCA have released CP17/25: Extending the Senior Managers and Certification Regime
26
Jul
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.
05
Jul
A look at some of the upcoming open courses running after the summer holidays.
04
Jul
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.
01
Jul
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.
01
Jul
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.
28
Jun
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.
17
May
What are the key messages from the FCA business plan 17/18.
18
Apr
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.
11
Apr
This is the Spring 207 round up of FSTP courses we’ve planned for the Compliance and Risk area.
Industry Updates
The FCA fines Deutsche Bank £163 million for serious anti-money laundering controls failings
31
Jan
The FCA have issued a £163 million fine for serious failings around AML
12
Jan
What feedback have the FCA received to date and how to have your say.
Industry Updates
Details of SMR & CR for the rest of the Financial Services industry, don’t hold your breath…
28
Sep
The FCA have release some important information for those 52, 000 firms who will be moving to the SMR and CR in early 2017.
17
Aug
The FCA has released their Consultation Paper on MiFID II proposals.
15
Aug
A round up of upcoming training events for compliance and risk professionals.
Industry Updates
Is developing organisational Culture within your financial services company one of your priorities?
08
Aug
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.
Industry Updates
The impact of suitability on your business – Suitability costs of well known Private Bank reach £139 million.
29
Jul
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.
29
Jul
A round up of upcoming training events for Senior Management and Board Members.
07
Jul
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.
28
Jun
A round up of upcoming training events surrounding Compliance and Risk.
Course Updates
Cloned websites, do you have the process and procedures to manage if it happened to you?
16
Jun
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?
24
May
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.
12
May
FSTP recommend firms make sure they are fully aware of the FCA survey of firms providing financial advice
06
May
FSTP Industry Partners Unicorn Training release updated ComplianceServe.
28
Apr
The FCA’s review of inducements, within the industry, has brought to light some key outcomes.
21
Apr
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?
10
Jan
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.
14
Sep
With two high profile new starters, we take a loo at the impact this could have on the City.
Industry Updates
FCA Thematic Review of Consumer Credit firms’ approach to remuneration and incentives highlight mis-selling risk
01
Sep
The FCA have issued a thematic review of Consumer Credit firms’ approach to remuneration and incentives and their impact on potential mis-selling risk.
02
Jun
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.
25
Apr
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.
28
Jan
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.
20
Jan
FSTP have condensed the 332 page FCA CP14/13PRACP14/14 into a manageable document.