Operational resilience is “the ability of firms and the financial sector as a whole to prevent, adapt, respond to, recover and learn from operational disruptions.” The FCA is consulting on how firms can build operational resilience.
Q4 2019 Summary of FCA Communication Documents
The team at RWA has compiled its quarterly review of the FCA’s communication documents, covering the period from October to December 2019. Take a look and keep up to date with the latest FCA documentation.
FCA Warns Against Non-Financial Misconduct
The FCA has issued a ‘Dear CEO’ letter warning managers in general insurance to be proactive in tackling issues of non-financial misconduct.
Connect – Reminder
The FCA has recently been contacting firms to remind them that their firm details on Connect need to be checked at least once a year.
Reflecting on 2019 and Looking Towards 2020
2019 in the general insurance world, saw the extension of the Senior Managers and Certification Regime (SM&CR) to FCA solo-regulated firms. What impact will this have and what can we expect on the regulatory horizon?
SM&CR Extended to FCA Solo-Regulated Firms
On the 9th of December 2019, SM&CR was extended to FCA solo-regulated firms. In this article, we bring together our SM&CR-focused articles from throughout the year.
Understanding the Conduct Rules
There is less than a week to go until the arrival of SM&CR on the 9th of December. In this article we provide an overview of the Conduct Rules.
FCA Publishes Research into Gender Diversity in Financial Services
The FCA has recently published research, based on its own data, into gender diversity in the financial services industry.