Why more needs to be done on diversity and inclusion, and how this links to the upcoming Senior Managers and Certification Regime (SM&CR).
Conduct Rules Training – Are Firms Prepared?
Our research suggests that only 14% of firms have trained all relevant staff on what the conduct rules mean in relation to their individual job role. Does your firm understand what is required under SM&CR?
FCA Survey Into Data Collection Platform Improvements
The FCA has announced potential improvements to its new data collection platform, based on user feedback.
FCA Publishes Complaints Figures
The FCA has recently published the complaints figures for regulated firms for the first half of 2019.
Who’s Responsible? Understanding Responsibilities Under SM&CR
Under SM&CR, every Senior Manager needs to have a Statement of Responsibilities. However, RWA’s research suggests that 95% of firms interviewed stated that they had yet to put in place an up-to-date Statement of Responsibilities for each of their Senior Managers.
FCA sets out Expectations for Firms on Brexit
The FCA has issued an update on the steps firms need to take in the event that the UK leaves the EU without a deal on the 31st of October.
Fitness and Propriety Under SM&CR
Under SM&CR, the fit and proper test is extended to cover Certification Staff and non-approved Non-Executive Directors, as well as Senior Managers. What do fitness and propriety assessments involve, and are firms prepared?
Q3 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 July to September 2019. Take a look and keep up to date with the latest FCA documentation.
Firms Remain Unprepared for SM&CR Deadline
There are now only two months to go until the implementation of SM&CR. RWA has interviewed over 140 firms over the past six months and has found that many remain unprepared for the implementation of the new regime on 9 December.