During these unprecedented times, the FCA expects firms to ensure that monitoring and supervision of staff is ‘business as usual’. Kirk Ford looks at what robust supervision procedures should involve.
Whistleblowing - Be Prepared
Does your firm have a suitable whistleblowing policy in place? Uncertain market and economic conditions may lead to an increase in incidents so it’s worthwhile that all firms review their approach to whistleblowing. This article looks at the key considerations.
FCA Announces its New Data Collection Platform - RegData
The FCA has announced its new data collection platform, RegData, which replaces Gabriel, and explains how firms will be moved across to the new platform.
FCA Publishes Guidance on Assessing Adequate Financial Resources
The FCA has published finalised guidance on a framework to help financial services firms ensure they have adequate financial resources and to take effective steps to minimise harm.
Business Continuity Planning: Things to Think About
The coronavirus pandemic has tested nearly all businesses on their ability to deal with the unexpected. Failure to be prepared can prove devastating to a business, which is why business continuity planning is so important.
FCA Outlines Response to Covid-19 and Expectations for 2020
In a recent speech, the FCA has outlined its response to the Covid-19 pandemic and its expectations for 2020.
FCA Update on Business Interruption Claims
The FCA has provided an update on the progress of its court action on business interruption insurance policies, following the announcement in May that it was seeking legal clarity to help resolve doubt for those businesses facing uncertainty on their claims.
FCA Allowing Individuals to Carry Over CPD Due to Coronavirus
The FCA has published guidance for firms on its expectations regarding CPD during the coronavirus pandemic. This article outlines the exceptional circumstances which would allow firms to defer individuals’ CPD to the next CPD year as well as how firms can help staff continue their CPD.
Scam Emails - A Warning to Brokers
It has been brought to our attention at RWA that several of our clients have received emails purportedly from the FCA asking them to complete a compliance questionnaire by 28 May 2020. This has been confirmed as a scam by the FCA.