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.
RWA’s Team Hosts SM&CR Workshop
With little time remaining until the implementation of SM&CR on the 9th December, is your firm prepared?
Have You Registered for Connect?
The FCA has reminded firms that they need to register for its online platform, Connect, to update their firm details. This will be a requirement from January 2020.
FCA Urging Firms to Prepare for a No-Deal Brexit
The FCA has recently stepped up its efforts to ensure that firms are prepared for a potential no-deal Brexit. This comes with the warning that firms who are not appropriately prepared may face an impact on their business.