Insurance Brokers

The FCA has introduced CultureSprint events to consider ‘psychological safety’ in the financial services sector. With SM&CR on the horizon, organisational culture is increasingly in the spotlight. The first event discussed ways in which a healthy culture, where employees can speak up and be listened to, is created and maintained.

An explanation of the FOS fees declaration.

The FCA is to host Brexit briefings for regulated firms.

Are you up to date? All regulated firms are being reminded by the FCA that they need to check their list of registered users of Connect.

Can you honestly state that your firm has a purpose and a culture that sets an example within the financial services market? Under SM&CR, it will no longer be acceptable to sit back and say that you turned a blind eye to bad behaviour because of weak culture and governance.

A fine is one of the most visible penalties that the FCA can impose. As a reminder of how serious enforcement action can be, this article looks at the penalties issued by the regulator over recent years.

Terence Clark looks at the changes proposed by the fifth and sixth Anti-Money Laundering Directives.

The FCA has issued further consultation on SM&CR and is requesting comments on Consultation Paper 19/4: ‘Optimising the Senior Managers & Certification Regime and feedback to DP16/4 – Overall responsibility and the legal function’ by 23 April 2019.

Having multiple trading names can be confusing for consumers. It  could mean your firm is not fulfilling the FCA’s requirement of being clear, fair and not misleading.