Organisational culture is at the heart of the Senior Managers and Certification Regime (SM&CR) – but what is it and why is the FCA placing so much importance on positive cultures in firms? Nathan Matthews looks at how a positive culture can be embedded across an organisation.
Q1 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 January to March 2019. Have a look at our review if you want keep up to date with the latest FCA documentation.
Complaints Handling – FCA Identifies Areas for Improvement
Complaints handling is one of the eight core knowledge requirements for insurance intermediaries under the IDD and the FCA has highlighted general insurance complaints as a ‘hot topic’ in its March 2019 regulation round-up. Is your firm dealing with complaints effectively?
FCA Prepares for Brexit
In a recent speech, the FCA laid out its preparations for Brexit, including its expectations of firms and the implications for consumers.
SM&CR: A Practice Focused Perspective
RWA’s Managing Director, Ash Patel, shares a practice focused perspective of the Senior Managers and Certification Regime (SM&CR).
Increase in Whistleblowing Complaints to FCA
In 2018, there was a reported 24% increase in the number of whistleblowing complaints to the FCA - an increase which follows the introduction of SM&CR within the financial sector.
Financial Ombudsman Service Award Limits to Increase
The FCA has confirmed that the Financial Ombudsman Service’s award limit is to increase from April 2019.
FCA Confirms Proposals in the Event of a No-Deal Brexit
The FCA has confirmed its proposals in the event of a no-deal Brexit, publishing near final rules and guidance which will apply in the event that the UK leaves the EU without a deal on 29 March 2019.