From the 13th January 2018, you can no longer charge for the use of many types of credit or debit cards, following the implementation of the EU Payment Services Directive.
Do you really know what is going on in your business?
Do you really know what is going on in your business in a way that helps improve performance and also meets the Regulator’s expectations?
Controlled Functions – Take Note
Bruce Fayle explores the FCA controlled function rules and the implications of seeking approval retrospectively.
What is a 'Span of Control'?
What is a ‘span of control’? This is a question that every firm should be able to answer, but in my experience, few effectively can.
Duty of Responsibilities under the proposed Senior Managers Regime (SMCR)
The FCA has issued a short consultation of their views around the Duties of Responsibility for FCA regulated firms arising out of the proposed regime (CP17/42).
The Insurance Distribution Directive Part II
RWA Chairman, Terence Clark, provides an overview of the Policy Statement PS17/27, which was recently issued by the FCA.
Threshold Condition Five – Viable Business Model
The FCA wants to ensure that your firm and its business model is fit enough to face future challenges and be around in years to come to service and advise your clients...
The FCA and Bluefin
The FCA has issued a Final Notice for Bluefin Insurance Services Limited, imposing a penalty of £4,023,800...
Threshold Conditions - Do you understand the requirements?
Failure to meet any of the five Threshold Conditions will mean that you are in breach of FCA rules - do you fully understand the requirements?